The Israeli military has announced that a ceasefire in Gaza is now in effect, following an agreement between the Israeli government and Hamas. Under the terms of the deal, Hamas has 72 hours to release all Israeli hostages, while Israel will release hundreds of Palestinian detainees. Troops have been positioned along agreed lines, but the military states they will continue to address any immediate threats. The situation marks a significant development in the ongoing conflict, with international correspondents providing analysis and updates.