There are two Python keywords that can be used in loops - break and continue.

Break

The break keyword exits the loop entirely. The looping code will stop and the following code after the loop will run.

while True:
    text = input("Type exit to finish the loop")
    if text == "exit":
        break # exit out of the loop

print("The loop finished")

Continue

The continue keyword moves onto the next iteration of the loop. The looping code will stop and run the next part of the loop as if the first iteration was over.

for i in range(10):
    if i == 5:
        continue # skip 5
    print(i)

Multiple loops

The break and continue keywords only perform the action on the innermost loop.

while True:
    print("Loop 1")
    while True:
        print("Loop 2")
        break # breaks out of loop 2, but loop 1 will continue