WATCH: Celebrations in Gaza, Palestine, Israel as ceasefire reached

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Israel and Hamas have agreed to a cease-fire deal that also ensures the release of hostages, Fox News has confirmed.

"A Gaza ceasefire and hostage release deal was reached following the Qatari Prime Minister's meeting with Hamas negotiators, and separately Israeli negotiators in his office," a source briefed on the matter told Fox News.

Separately, a senior Hamas official confirmed to Fox News that a deal was reached.

The conflict, which began with Hamas’ brutal attacks on October 7, 2023, has left over 1,200 Israelis dead, more than 250 taken hostage, and thousands of others killed on both sides.

The deal, brokered by Qatari negotiators and facilitated by Egyptian intermediaries, also saw significant involvement from the United States. Both the outgoing Biden administration and the incoming Trump administration applied strategic pressure to finalize the agreement, despite concerns about Hamas rearming and internal tensions within Prime Minister Benjamin Netanyahu’s coalition.

Sources told Fox News Digital that a weekend meeting between Netanyahu and President-elect Trump's incoming Middle East envoy, Steve Witkoff, led to the breakthrough. Witkoff’s assurances reportedly convinced Netanyahu to accept the deal, despite threats from a right-wing party to withdraw from the coalition if it passed.

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