The terms of a deal between Israel and Hamas for a ceasefire in Gaza and the release of hostages are being finalised, a Palestinian official familiar with the negotiations has told the BBC. It comes as White House National Security Advisor Jake Sullivan said a truce and hostage deal could be done "this week".

Israel is willing to withdraw its troops from Gaza when all hostages have been released under a ceasefire deal with Hamas, The Telegraph has learned.

Efforts to secure a ceasefire between Israel and Hamas and release hostages are close but not yet finalized, an Israeli official told The Hill on Monday, after Reuters reported Qatar has handed a final deal to both sides.

Mediators yesterday gave Israel and Hamas a final draft of a deal to end the Israeli offensive in Gaza, an official briefed on the negotiations said, after a midnight “breakthrough” in talks attended by envoys of both Joe Biden and Donald Trump.

Israeli Prime Minister Benjamin Netanyahu and U.S. President Joe Biden have spoken in a phone call on the latest efforts to reach a ceasefire and hostage release in the Israel-Hamas war.

Hamas is “very close to an agreement” with Israel for a ceasefire in Gaza and the exchange of hostages for Palestinian prisoners, according to an official from the militant group.

Israel and mediators from Egypt, the U.S. and Qatar have given Hamas a final draft agreement for the release of hostages held by Hamas in exchange for a ceasefire in Gaza, two senior Israeli officials and a source familiar with the details said.

Israel and Hamas reached a breakthrough overnight in hostage-ceasefire negotiation talks, with the terror organization confirming the scores of prisoners being held in the Gaza Strip will soon be freed.

The most significant progress in months toward a hostage deal between Israel and Hamas is being reported. The deal could see up to 100 hostages released and the end of deadly combat operation in Gaza.

Hamas and Israel are reportedly nearing a ceasefire agreement that includes exchanging hostages for Palestinian prisoners, according to a Hamas official, CNN News reports. Israeli Foreign Minister Gideon Saar acknowledged progress,