US President Joe Biden has confirmed a ceasefire deal between Israel and Hamas has been reached. "This deal will halt the fighting in Gaza, surge much needed-humanitarian assistance to Palestinian civilians, and reunite the hostages with their families after more than 15 months in captivity," he said in a statement.

In another gaffe, Joe Biden mistakenly refers to Hamas as Hezbollah while announcing Israel-Hamas ceasefire deal brokered by the US, Egypt, and Qatar.

President Joe Biden touted a ceasefire agreement between Israel and Hamas, a goal his administration has been working toward for more than a year now.

Under the terms of the deal, Hamas will release 33 hostages over a period of 42 days, including women, children, the sick, and men over the age of 55. Three of these hostages will be released the first day, another four on the second day, then three at a time in each week, with the final 14 released on the final week.

This photo provided by the Israeli Government Press Office, Israeli Prime Minister Benjamin Netanyahu, center, convened his security Cabinet to vote on a ceasefire deal after confirming an agreement had been reached that would pause the 15-month war with Hamas in Gaza,

A new ceasefire between Israel and Hamas appears to be stabilizing. Despite earlier reports that the deal was in danger, Israel’s leadership has now backed the deal. The ceasefire agreement comes after 15 months of deadly bombings as Israel systematically cleared out Hamas positions and killed its militants and leadership.