The United States and Iran are reportedly considering extending the truce by two more weeks to secure additional time for negotiations to end the conflict.

Bloomberg reported this on the 15th (local time), citing anonymous sources.

The sources said mediators are working to convene U.S.-Iran working-level talks to resolve the most contentious issues. The core issues include reopening the Strait of Hormuz and Iranian uranium enrichment.

If the working-level talks succeed, they could pave the way for a second high-level meeting between the United States and Iran, the sources said.

Another source familiar with the discussions said neither the United States nor Iran wants a resumption of fighting.

However, a U.S. official familiar with the matter told Bloomberg that an extension of the truce is still not assured and that the United States has not yet agreed to it.

The two-week truce agreed by the United States and Iran expires on the 21st. The two sides held high-level talks in Islamabad, Pakistan, but the negotiations ended without agreement.

U.S. outlet Axios reported that there has been progress in the U.S.-Iran negotiations to end the conflict and that the parties have moved closer to a basic agreement. Citing two U.S. officials on condition of anonymity, Axios said the parties, with mediation by Pakistan, Egypt, and Turkey, are working to resolve remaining differences and reach a basic agreement before the truce expires on the 21st.

A U.S. government official said that on the 14th, Vice President J. D. Vance, Middle East envoy Steve Witkoff, and senior presidential adviser Jared Kushner, who lead the U.S. negotiating team, held phone calls with the Iranian side and the mediators and exchanged draft proposals. Another U.S. government official said they want an agreement, that some within the Iranian government also want one, and that the key now is ensuring the entire government agrees.

Iran has reportedly proposed to the United States a limited reopening of the Strait of Hormuz.

Reuters, citing a source familiar with the Iranian position, reported that Iran made such a proposal in recent talks. According to the source, Iran indicated that, if an agreement is reached to prevent a recurrence of hostilities, it would not attack vessels transiting the territorial waters of Oman within the Strait of Hormuz.

The proposal is noteworthy as the first visible step departing from its previous position, after weeks in which Iran strongly asserted sovereign control over the Strait of Hormuz.

Earlier, Iran said it would introduce transit fees for vessels passing through the Strait of Hormuz, and there were reports that, for large oil tankers, the fee could reach as much as $2 million (about 3 billion won).

The source did not specify whether Iran would also agree to remove naval mines in the area or allow the free passage of all vessels, including those related to its adversary Israel. The source added that the success of the proposal depends on the United States and that a breakthrough on the Strait of Hormuz would require Washington to accept demands from Iran.

A Western security source likewise said that a proposal is under discussion to allow ships in the Strait of Hormuz to pass through the territorial waters of Oman without restrictions.