WASHINGTON — President Joe Biden announced Friday that Israel has proposed a three-part plan that would ultimately lead to a permanent cease-fire in the Gaza Strip, as well as the release of all hostages who have been held there for the last eight months.

Speaking from the White House, Biden said that the proposal comes after intensive diplomacy carried out by his team. The plan has been relayed to Hamas via Qatar, one of the main mediators in negotiations.

Biden’s announcement is…