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Blinken’s goal is to achieve a ceasefire in Gaza during his trip

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US Secretary of State Antony Blinken is set to embark on a crucial mission to the Middle East in a bid to secure a truce in Gaza as tensions continue to escalate between Israel and Hamas. The fate of two hostages held by Hamas hangs in the balance as negotiations for a ceasefire intensify.

The latest development comes as Hamas released a video on Saturday showing two hostages, American-Israeli citizen Keith Siegel and Israeli Omri Miran, alive. The video was seen as a strategic move by Hamas to increase pressure on Israeli Prime Minister Benjamin Netanyahu to halt a major offensive that could further escalate the conflict in Gaza.

Israel has offered a ceasefire in exchange for the release of hostages, a proposal that Hamas is currently studying. The group’s response is expected to be delivered once they have completed their assessment, with no specific timeline provided. The US and 17 other nations have also urged Hamas to release all hostages, including their citizens being held in Gaza, in a bid to revive stalled talks and unlock more humanitarian aid for the region.

The situation in Gaza remains tense, with thousands of people taking to the streets in Tel Aviv and other cities to demand a resolution to the hostage crisis and early elections. The pressure on Netanyahu is mounting, with calls for him to step down amid accusations of prolonging the conflict to cling to power.

Meanwhile, Blinken’s visit to the Middle East is seen as a last chance to persuade Israel to call off an attack on the southern city of Rafah. Egypt is also stepping up efforts at mediation to secure an agreement between Israel and Hamas leading to a ceasefire in exchange for the release of hostages. However, the two sides remain far apart in their negotiations.

The international community is closely watching the developments in Gaza, with concerns over the impact of the conflict on the world economy. Saudi Arabia’s finance minister has warned that geopolitics may be the biggest concern for the global economy, citing risks of slower growth and elevated interest rates. The situation in the Middle East, including the war in Gaza, will be a focal point at the World Economic Forum event in Riyadh over the next two days.

As tensions continue to rise in Gaza, the fate of the hostages and the prospects for a ceasefire remain uncertain. The coming days will be crucial in determining the path forward in the conflict between Israel and Hamas, with the hopes of a peaceful resolution hanging in the balance.

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