Hi everyone I'm Elisa Menendez in for Nicole Wallace. It is 4 o'clock here in New York, 11 PM in Israel and in Gaza, where we may be on the verge of a breakthrough in the unprecedented hostage situation on the ground there.

Sources tell NBC news that a tentative deal has been reached for the release of some of the hostages held by Hamas.

A spokesperson for the Israeli military cautioning in the last few hours that there is no final deal yet,

but that there is, quote, some progress.

The Israeli cabinet meeting to discuss the issue at this hour.

Here are the terms as it stands right now.

This is according to a senior US official. 50 women and children would be

traded for 150 Palestinian prisoners in Israeli custody. There would also

be a pause in the fighting for four days to allow for more rounds of hostages exchanges and for more

humanitarian aid to enter Gaza up to 300 to 400 trucks per day. Overall the deal adds up

to what US officials are calling the most significant diplomatic breakthrough since the war began.

If it can hold, and that is a big if.

Officials are stressing that the deal could fall apart at any moment.

But for now, there is momentum in the push. that the deal could fall apart at any moment.

But for now, there is momentum in the push

to release the more than 200 hostages

that have been held captive by Hamas for six weeks.

A number that includes people from 40 countries and 40 children that is according to the Israeli government.

They were taken from communities along Israel's border with Gaza that were stormed by Hamas on October 7th in an attack that killed more than 1,200 people.

And since then, they have been held in a war zone.

Israeli forces have pushed into Gaza, bombarded the territory with thousands of airstrikes, killing 14,000 people.

That's according to the health ministry in Gaza, which is run by Hamas.

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