Israeli Prime Minister Benjamin Netanyahu has endorsed a U.S.-mediated ceasefire proposal for Gaza that includes a hostage release agreement, according to state-owned Kan TV News. The announcement came during a Thursday meeting with families of individuals believed to have died in captivity.
U.S. Special Envoy to the Middle East Steve Witkoff's proposal marks the latest international effort to de-escalate tensions in the region. While details remain undisclosed, the reported acceptance signals potential progress in resolving one of the world's most protracted conflicts.
The development follows months of heightened violence that has drawn global concern, particularly from Asian markets sensitive to energy security and geopolitical stability. Analysts suggest successful mediation could ease regional trade disruptions affecting Asia-bound shipping routes.
Next steps remain unclear as stakeholders await formal responses from Palestinian representatives. The deal's implementation could reshape security dynamics in the Eastern Mediterranean – a crucial junction for Asia-Europe commerce.
