After more than two years, Israel and Hamas have finally reached a ceasefire deal to free all remaining Israeli hostages and allow aid to flow into Gaza again. I spoke with my colleague Zack Beauchamp about the deal, what it could mean for Israeli Prime Minister Benjamin Netanyahu, and what comes next for Vox’s daily newsletter, Today, Explained. Our conversation is below, and you can sign up for the newsletter here for more conversations like this.

Israel and Hamas have a deal. What’s been agreed upon?

Both Israel and Hamas have agreed to a staged process, but only phase one is fully agreed upon. The top line here is that you have the release of Israeli hostages and the bodies of those hostages that have died or been killed, in exchange for a release of Palestinian prisoners and an end

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