Donald Trump has issued a fierce warning to Hamas, issuing the terror group another ultimatum over his Gaza peace plan.

On Friday night, Hamas indicated a willingness to enter talks to discuss the peace agreement, which would see all remaining hostages, both dead and alive, released.

Responding to the President's 20-point plan, Hamas said it "appreciates the Arab, Islamic, and international efforts, as well as the efforts of US President Donald Trump, calling for an end to the war on the Gaza Strip, in exchange of prisoners, [and] the immediate entry of aid".

The group added: "In this context, the movement affirms its readiness to immediately enter, through the mediators, into negotiation to discuss the details."

The US President told Hamas it must move quickly on his plan for ending the war in Gaza, "or else all bets will be off".

He wrote on Truth Social this afternoon: "I appreciate that Israel has temporarily stopped the bombing in order to give the Hostage release and Peace Deal a chance to be completed.

"Hamas must move quickly, or else all bets will be off.

"I will not tolerate delay, which many think will happen, or any outcome where Gaza poses a threat again.

"Let’s get this done, FAST. Everyone will be treated fairly!"

Donald Trump warns Hamas ‘all bets are off’ unless terror group moves fast - ‘I will not tolerate delay’ | REUTERS

According to local media, the Israeli Prime Minister's office has said it is preparing for the "immediate implementation" of the first stage of Mr Trump's plan for the immediate release of all hostages.

The US President released a video thanking the countries which helped him organise the deal, naming Qatar, Turkey, Saudi Arabia, Egypt and Jordan in particular.

Explaining that "many people fought so hard", the President celebrated the "big day", calling it "unprecedented".

He said: "Very importantly, I look forward to having the hostages come home to their parents."

"Everybody was unified in wanting this war to end and seeing peace in the Middle East, and we're very close to achieving that.

"Thank you all and everybody will be treated fairly."

Donald Trump warned he would not tolerate delay or any outcome where Gaza poses a threat again