Israel’s security cabinet has approved a US-France-brokered ceasefire agreement, presented by Prime Minister Netanyahu, according to his office. US President Joe Biden called the development “good news” and announced efforts to push for a ceasefire in Gaza. Joe Biden also confirmed, via a post on X, that both Israel and Lebanon have agreed to the US proposal to end the conflict between Israel and Hezbollah.

The United States and France brokered the truce. Israel’s Cabinet approved the deal late Tuesday after Prime Minister Benjamin Netanyahu presented it. US President Joe Biden called the agreement “good news” for stability in the region.

Israel and Hezbollah in Lebanon have agreed to a ceasefire scheduled to take effect at 4 am local time on Wednesday (7:30 am IST). The agreement comes after weeks of escalating conflict and heavy international diplomatic efforts.