The hostages, Yarden Bibas and Kalderon, were released in a brief and organized ceremony in Khan Yunis, with limited onlookers present.

A third hostage, American-Israeli Keith Siegel, is expected to be released shortly.

This exchange is part of a fragile truce that has paused hostilities in the Gaza Strip, which has been embroiled in conflict for over 15 months.

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Israel–Hamas war: The hostage deal and ceasefire explained

Freed Israeli hostage says Hamas treated her well, met all her needs

Relief and sadness for Palestinian prisoners freed in Gaza hostage deal

Since the ceasefire began on January 19, a total of 15 hostages have been released in exchange for hundreds of Palestinian prisoners, many of whom are women and minors.

The ongoing negotiations and exchanges highlight the complex dynamics in the region as both sides navigate the fragile peace.