As Hamas mulls U.S.-backed ceasefire proposals, here's what's at stake for Gaza and Israel

As Hamas considers a U.S.-brokered ceasefire proposal that could bring an end to the fighting, here's what's at stake for the people of Israel and Gaza.

Tensions remained high Saturday as Hamas considered a U.S.-brokered ceasefire proposal that could bring an end to the fighting in Gaza, which ramped up after Israel launched a major military operation in the enclave earlier this month.

President Donald Trump told reporters at the Oval Office Friday that the deal which would pause hostilities for 60 days, allow the phased release of hostages, and pave the way for more humanitarian aid to flow into the devastated enclave, was “very close.”

The White House confirmed Thursday that Israel had accepted the proposals, although Israeli Prime Minister Benjamin Netanyahu’s office did not. respond to a request for comment.

Hamas have also responded coolly. Jihad Taha, a spokesperson for the militant group, told Al Jazeera late Friday that the proposals lacked “any immediate commitment to stop the war,” a key Hamas demand. But he said Hamas leaders were “seriously” discussing the proposals.

NBC News looks at what's at stake: