Hopes for a ceasefire in Gaza and a subsequent hostage release agreement have been reignited following a statement from Hamas on Monday. The statement, released after negotiations in Qatar and a phone conversation between President Biden and Israeli Prime Minister Benjamin Netanyahu, expressed optimism about the imminent release of captives.

The White House confirmed the discussion between Biden and Netanyahu, stating that they revisited a release deal initially proposed in May of the previous year and endorsed by the U.N. Security Council. This potential agreement reportedly involves a three-phased approach. The first phase centers on releasing approximately 34 individuals categorized as "humanitarian" hostages.

Reports from Al-Arabiya suggest this initial phase would span 42 days and involve the Israeli Defense Forces withdrawing from designated areas, enabling residents to return home, and facilitating increased humanitarian aid delivery.

According to Israeli media outlet 12 News, the second phase, commencing on the 16th day of the ceasefire, would involve discussions regarding the return of young men and soldiers held captive. This phase would also see the remaining Israeli forces withdraw from the Gaza Strip. The third phase would then address the establishment of an alternative governing body in Gaza and the region's rehabilitation after prolonged conflict.

Channel 12 in Israel reported that Hamas has been given a deadline to respond to the "final" draft of the hostage-ceasefire agreement. The number of hostages held by Hamas since the October 7, 2023, attacks is estimated at 96, with only about 50 believed to be alive, including three Americans. The timing of the return of deceased hostages remains uncertain.

The White House statement also highlighted the discussion between Biden and Netanyahu about the evolving regional dynamics, including the ceasefire in Lebanon, the changes in Syria's political landscape, and the perceived weakening of Iran's regional influence. The Biden administration, along with Egypt and Qatar, has been working to broker a deal for the past year to secure the hostages' release and bring an end to the Israel-Hamas conflict.

A key point of contention in the negotiations is Hamas's demand for a complete end to the war before releasing the captives, while Netanyahu has insisted on continuing operations until achieving "total victory" against the group. President Biden has emphasized the urgent need for a ceasefire, the return of hostages, and a surge in humanitarian aid.

Netanyahu has expressed commitment only to the first phase of the proposed deal, involving a partial hostage release in exchange for a week-long pause in hostilities. Hamas, however, is demanding a full Israeli withdrawal and a complete cessation of fighting. During the call, Netanyahu expressed gratitude for Biden's support for Israel and its security and national defense.