New Delhi, Oct. 4 -- In a major development to pursue peace in the Israel-Gaza war, Hamas on Friday said it was ready to release all Israeli prisoners in line with US President Donald Trump's 20-point proposal on Gaza.

Hamas' statement came as a bleak hope to end the war on Gaza, where Israeli forces have killed thousands.

Hamas said it agreed "to release all Israeli prisoners - both living and deceased - in accordance with the exchange formula outlined in President Trump's proposal, and contingent upon the necessary field conditions for carrying out the exchange."

The group in a statement further added the hostages would need to be released "in a manner that ensures the cessation of the war and the full withdrawal from the Gaza Strip....