The United States, Iran, and a group of regional mediators are weighing terms for a temporary ceasefire that could extend into a permanent resolution, according to U.S., Israeli, and regional sources familiar with the discussions.

An Axios report said prospects for a partial deal within the next 48 hours remain limited. Still, officials described the effort as the final opportunity to avoid a sharp escalation that could involve strikes on Iranian civilian infrastructure and retaliatory attacks on energy and water facilities across Gulf states.

Separately, a source familiar with the negotiations said both Washington and Tehran have received a proposal that could halt hostilities as early as Monday while reopening the Strait of Hormuz….