A new proposal for a ceasefire in the ongoing conflict between Israel and Hamas, along with the release of hostages held by the militant group, has been met with caution from both sides, according to a report from The Wall Street Journal.

The plan, presented by Central Intelligence Agency Director William Burns to officials from Israel, Hamas, Qatar, and Egypt in Cairo, suggests a six-week ceasefire in Gaza.

However, negotiations remain in a delicate state as significant disagreements persist between the two sides. Key points of contention include the conditions for displaced Palestinians to return to northern Gaza, the selection of Palestinian prisoners for release, and the potential permanency of the ceasefire.

The ceasefire period would see Hamas releasing 40 hostages in exchange for 900 Palestinian prisoners from Israeli jails, including those serving lengthy sentences on terrorism-related charges.... Read More: i24