After days of escalation, Palestinian officials on Monday announced that a ceasefire has been reached with Israel to end the surge of violence around Gaza and Israel border.
Al Jazeera reported that a deal was signed at around 1.30 am and no Israeli raids have been reported since then.
Reportedly, Egypt and Qatar have mediated this truce. The deal was reached after Hamas agreed to ease the limits on the fishing zone off the coast of Gaza. Israel also agreed to work on improving the electricity and fuel situation in Gaza.
There is no confirmation from the Israeli side so far.
This comes as a major relief as lately both sides were engaged in rocket and missile firings which has so far killed 24 Palestinians and four Israeli officers.
The Israeli military has claimed that Gaza ruled by Hamas and jihadi elements has fired around 600 rockets and other projectiles in southern Israeli cities, adding that, in retaliation, it has targeted more than 250 targets belonging to Gaza militants.
Adding to the worsening situation, Israel Prime Minister Benjamin Netanyahu, who has been indicating to launch attacks on Gaza since his election campaign, on Sunday said that he has ordered the military to continue 'massive strikes" against Gaza.
Meanwhile, United States President Donald Trump on Monday asked Gaza to "end violence" against Israel.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
