JERUSALEM—Israel and Hamas reached a ceasefire on Wednesday that would bring home at least 33 of the 98 hostages still held in the Gaza Strip in exchange for the release of hundreds of Palestinian prisoners.
The agreement, mediated by the United States, Egypt, and Qatar, is broadly similar to a three-phase framework long pushed by President Joe Biden, according to news reports. But current and former Israeli officials said President-elect Donald Trump’s recent involvement was decisive.