Hamas has accepted an updated proposal for a ceasefire in Gaza presented by the Qatari and Egyptian mediators, two sources with knowledge of the talks tell Axios.

Why it matters: This is part of a last-ditch effort to reach a deal and avoid a major new Israeli offensive to occupy Gaza City. A diplomatic source said the deal Hamas accepted is "98% similar" to the last U.S.-backed proposal. Israel agreed to that proposal, but talks broke down when Hamas did not. • Israeli officials said they still haven't received the written Hamas response and therefore cannot say whether they find it acceptable. • The second source said the proposal Hamas accepted is a partial deal for a 60-day ceasefire, the release of 10 live hostages, 18 deceased hostages and the release of Palestinian prisoners.

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