U.S. President Donald Trump has announced an agreement for disarmament of Hamas in Gaza and Israel's withdrawal from the area.

Israel and Hamas have yet to comment on the announcement.

President Trump says a deal has been reached for Hamas to disarm and Israel to withdraw its forces from Gaza. But many hurdles, conditions and long timelines remain to wind down the war in the Palestinian territory.

Hamas confirmed it would begin disarmament, but said it was contingent on Israel halting all attacks in Gaza and fulfilling provisions of the first phase of a ceasefire deal signed in 2025.

Implementing the peace deal for Gaza announced by U.S. President Donald Trump will depend on Israel first meeting its commitments under an agreement reached last year, including withdrawing its army from the territory,

In a post on Truth Social, Trump cast it as a “major milestone in the implementation of the Trump 20-Point Plan” to end Israel’s war in Gaza.

In a statement, Hamas says the handover of heavy weapons depends on Israel ending "all forms of aggression" and withdrawing from Gaza.

Analysts say strikes on Iranian infrastructure could put millions into poverty. Intelligence agencies believe Iran was behind a cyberattack in Minnesota. Trump said a deal has been reached between Hamas and Israel.