The United States has sent Iran a 15-point proposal to end the war, which includes imposing strict limits on its nuclear program and reopening the Strait of Hormuz.
The New York Times, citing two unnamed officials, reported that the proposal was sent to Iran via Pakistan, which offered to act as an intermediary.
Putting an end to uranium enrichment
The proposal calls for an end to uranium enrichment in the Islamic Republic and the surrender of enriched material that Israel and the United States say could be developed into a nuclear bomb, according to Channel 12.
The proposal also includes Iran allowing unimpeded navigation through the Strait of Hormuz, through which a fifth of the world's oil passes, after Tehran's partial embargo caused a sharp rise in global energy prices.
In return, all sanctions against Iran would be lifted, and it would receive assistance in developing civilian nuclear power at Bushehr, a key site that Tehran accused Israel of striking on Tuesday.
The White House and State Department have not yet commented on these reports.
Trump said earlier on Tuesday that he was optimistic about diplomacy with Iran, which he and Israel launched into strikes in February that killed Supreme Leader Ayatollah Ali Khamenei and sparked a wider conflict in the Middle East.
