(CNN) — After months of delays and disappointments, US President Donald Trump announced that Israel and Hamas have agreed to the first phase of his plan for peace in Gaza.

Although Trump’s short post on Truth Social represented a major diplomatic breakthrough, it leaves much to be decided.

A ceasefire could come into effect as soon as Friday, and Israeli hostages could be released early next week, but it is not clear whether Israel and Hamas will agree to other conditions proposed by Trump relating to thornier questions of what Gaza will look like after the war.

Here’s what we know about the deal so far.

What has been agreed?

The US president broke news of an agreement on his Truth Social platform on Wednesday, saying it would lead to the swift release of hostages and the withdra

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