A senior Israeli official said on Monday Israel's cabinet would meet on Tuesday to approve a ceasefire deal with Hezbollah, and a Lebanese official said Beirut had been told by Washington that an accord could be announced "within hours".
Israeli officials had said earlier that a deal to end the war was getting closer though some issues remained, while two senior Lebanese officials voiced guarded optimism even as Israeli strikes pounded Lebanon anew.
U.S. news website Axios, citing an unnamed senior U.S. official, said Israel and Lebanon had agreed to the terms of a deal, and a senior Israeli official told Reuters Tuesday's meeting was intended to approve it.
Israel's ambassador to the United Nations, Danny Danon, said Israel would maintain an ability to strike southern Lebanon under any agreement.
Israeli Prime Minister Benjamin Netanyahu's office declined to comment on the Axios report.
By Maayan Lubell and Laila Bassam