Israelis and Palestinians are engaged in a new round of negotiations aimed at a limited ceasefire agreement for the first time in a year. Israeli Defense Minister Israel Katz discussed potential terms with U.S. Secretary of Defense Lloyd Austin, emphasizing the opportunity for the return of hostages, including American citizens. Despite cautious optimism, a Western diplomat suggests the agreement may release only a few hostages and involve a brief halt in hostilities. Meanwhile, U.S. National Security Advisor Jake Sullivan is set to meet with Israeli Prime Minister Benjamin Netanyahu, with diplomatic efforts also involving Egypt and Qatar.