The White House hopes to resolve remaining disputes with Iran in the coming hours and announce an agreement on Sunday, according to Axios, which cited a US official.
The report said the two sides are working towards a memorandum of understanding and that President Donald Trump is prepared to reset relations with Tehran if it meets US demands regarding its nuclear programme.
According to Axios, the proposed agreement would include a 60-day extension of the ceasefire, with US forces remaining in the region unless a final deal is reached.
The framework would reportedly reopen the Strait of Hormuz, with Iran clearing mines while the US eases oil sanctions and lifts its port blockade.
Iran would commit not to pursue nuclear weapons, while future talks would address uranium enrichment limits, the handling of existing nuclear materials and possible sanctions relief tied to verified Iranian concessions.
