Israel's economy minister said on Wednesday it seeks a peaceful Gaza but has not decided whether to help fund its reconstruction and would not allow the rebuilding of Hamas rule that he said could lead to another cross-border militant attack.

Israel says troops fired on masked gunmen in Gaza, but it remains committed to the ceasefire as it continues a new offensive in the West Bank.

Israel’s military is using lessons from the Gaza war in its new West Bank operation to ensure “terrorism does not return,” according to Defense Minister Israel Katz.

The Israeli military says its soldiers killed an alleged militant in Gaza whom it said posed a threat to its forces

Israeli officials attempted to downplay reports of the Palestinian Authorities’ role in Gaza and the possibility of a two-state solution that would help normalize relations with Saudi Arabia.

The ceasefire agreement between Israel and Palestinian militant group Hamas in Gaza reduces the risks to Israel's public finances and could improve its sovereign credit rating, the major credit rating agencies said on Tuesday.

The ceasefire as agreed to in Qatar is set to last 42 days. Over that period, 33 hostages are expected to be freed in exchange for hundreds of Palestinian prisoners, there will be a slow withdrawal of the Israeli military from urban centers in Gaza and a surge of humanitarian aid.

As the cease-fire deal is underway between Israel and Hamas terrorists, some military and political commentators in Israel are worried that the deal will enable the Iran-backed terror group to rearm.

The Israeli military killed at least seven Palestinians in the occupied West Bank on Tuesday as the prime minister announced the start of a “large-scale military operation” in the restive city of Jenin.

Israel’s security Cabinet approves of the Gaza cease-fire, which would pause the war with Hamas and release dozens of hostages.

The ceasefire between Israel and Hamas in Gaza came into effect Sunday, halting more than 15 months of devastating war. Early Monday, the Israeli Prison Service released 90 Palestinians outside Ofer Prison in the Israeli-occupied West Bank.