Historic Ceasefire: Israel and Hamas Reach Hostage Exchange Agreement

Amid ongoing violence, Israel and Hamas have struck a crucial ceasefire and hostage exchange agreement, evoking jubilant reactions across Gaza and Tel Aviv. The agreement, emerging from indirect negotiations held in Egypt, marks a pivotal step towards ending the bloody two-year conflict.

The major breakthrough, under US influence, aims to return all Israeli hostages while setting the groundwork for prospective peace talks. The ceasefire news brought significant relief in the region, despite concerns over the deal's potential fragility due to lacking specifics.

Celebrations erupted in both regions, with jubilant scenes of hope for peace. Nevertheless, this tentative resolution's resilience remains to be seen, as past attempts have faltered, proving the complexity of Middle Eastern geopolitics.

(With inputs from agencies.)