A new commandment I give unto you, That ye love one another; as I have loved you, that ye also love one another.
Cheryl A. Esplin, April 2016 LDS General Conference
What is the scriptural or historical context of this scripture:
Christ gives this commandment at the last supper. It's part of his preparing his disciples for his death and the time that comes when he will no longer be with them.
I find it interesting that Christ gives this commandment hear the end of his life, and taught us a similar principle when asked about the greatest commandment by the Pharisees in Mathew 22:39 "And the second is like unto it, Thou shalt love thy neighbour as thyself."
Thoughts about this scripture:
Looking at Christ's teachings about how we are to love. He is telling his followers to love each other as He loved them. And He truly loved them enough to give his life for them.
We are also taught to love our neighbors as ourselves.
This may also mean to love them more than our own life. But I suggest that Christ loves us more than we love ourselves. So that Christ is directing us to love our fellow Christians more than we love ourselves. I may be grasping, but its something that I think about.