Gaza Militants Announce A Ceasefire With Israel

NBC: Gaza militants announce ceasefire with Israel in bid to avert war

An earlier dramatic escalation in violence appeared to have been triggered by a botched Israeli commando raid into Gaza.

TEL AVIV, Israel — Gaza Strip militant groups announced a ceasefire Tuesday after a deadly flare-up in violence with Israel raised fears of an all-out war.

"Egyptian efforts have been able to stabilize the ceasefire," Gaza's militant groups said in a statement, referring to ongoing efforts by Egypt to broker a truce.

Israeli officials did not confirm the announcement.

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Update #1: Hamas accepts cease-fire deal as Israel holds firm against terror group's threats (FOX News)
Update #2: Hamas Steps Back From All-Out War With Israel -- The Wall Street Journal

WNU Editor: It has been a violent 24 hours .... 400 rockets fired at Israel, IDF hits 150 terror targets in Gaza (Arutz Sheva).