Monday, November 10, 2025

Israel accepts new US Gaza truce plan as Hamas remains wary

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Israel has accepted a US ceasefire proposal for Gaza that Israeli officials familiar with the matter said would involve a 60-day pause in the fighting and restore United Nations-led aid distribution to the Palestinian territory.Yet there’s still no sign an end to the almost 20 month war in Gaza between Israel and Hamas is imminent. While Hamas hasn’t officially responded, it criticized the proposal as one-sided late on Thursday.
The White House said that Israel signed off on the offer before it was submitted to Hamas but didn’t say what was in it. Two Israeli officials confirmed that decision.
The Israeli officials familiar with the matter, who asked not to be identified discussing the issue, said other terms of the truce, proposed by Trump’s special envoy, Steve Witkoff, include Hamas releasing 10 live hostages and returning the remains of 18 who died in captivity.Israel has restarted some aid deliveries to Gaza after an 11-week blockade, while seeking to isolate Hamas by cutting it out of the process. Returning to UN-led distribution would reverse a previous decision by the Israeli government to sideline the organisation.

Operations by a new nonprofit known as the Gaza Humanitarian Foundation have been dogged by some chaotic scenes, including crowds of Palestinians overrunning one aid site on Tuesday. GHF began distributing limited amounts of aid this week and says it’s increasing deliveries.The US plan also includes negotiations during the truce toward a permanent end to the fighting, which started when Hamas attacked southern Israel on October 7, 2023, killing 1,200 people and abducting about 250.

More than 54,000 people have been killed in Gaza since then, according to the enclave’s Hamas-run health ministry.

Hamas is designated a terrorist organization by the US, European Union and many other countries.

It’s unlikely that the proposal will meet the ultimate demands of either side. Hamas, which is committed to destroying Israel, has insisted on a full Israeli withdrawal from Gaza. The Israeli government wants the group to disarm and disband.

Bassem Naim, a member of Hamas’s leadership, said in a Facebook post on Thursday that the latest plan is essentially an Israeli proposal that perpetuates the occupation of Gaza.

Even so, Israeli financial assets have risen this week, suggesting some traders think a ceasefire is closer. The shekel is up 2.3% against the dollar, one of the best performances globally. In addition, Israel’s credit default swaps — a gauge of a country’s risk premium — have dipped since last Friday.

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