Israel and Hamas are the closest they have been to a ceasefire in Gaza. That is the word from senior U.S. and Israeli officials and a Hamas statement. Nick Schifrin reports on the latest.

What are the key takeaways from the ceasefire and hostage/ prisoner release agreement? What have Netanyahu and Hamas gained or lost, and what could happen in Israel and Gaza going forward?

Israel and the Palestinian group Hamas have reached the first stage of a ceasefire agreement that would begin the process of freeing Israeli hostages held in Gaza in exchange for Israel releasing hundreds of Palestinian prisoners,