Gaza reconstruction cost hits $71bn

Progress on the US-led peace plan remains in limbo as the focus of international diplomacy shifts toward the conflict in Iran.

The report found that the Palestinian territory's economy has completely collapsed, with agriculture and commerce devastated by the fighting.

Over $90 billion may ultimately be needed to restore infrastructure to pre-war levels, according to some analysts.

Humanitarian aid continues to fall short of basic needs as Israeli restrictions on supplies into the enclave persist despite the ceasefire.