Prime minister gives three key reasons for wanting ceasefire now: To focus on the Iranian threat, rest and reequip soldiers, and isolate Hamas

Following the speech, the cabinet announced that it had approved the ceasefire agreement in Lebanon and that it would be implemented at 10 a.m. on Wednesday.

Prime Minister Benjamin Netanyahu has said he will present a ceasefire deal with Hezbollah in Lebanon to his cabinet. He made the comments in an address to the nation - follow reaction and analysis through the evening right here.