U.S. President Donald Trump says Israel has agreed on terms for a new 60-day ceasefire with Hamas and that Washington would work with both sides during that time to try to end more than 20 months of war in Gaza.

Israel has accepted the latest Gaza ceasefire and hostage release proposal, according to an Israeli official, who said Wednesday the updated framework provides stronger US assurances about ending the war.

Israel has agreed to the "necessary conditions" to finalise a 60-day ceasefire in Gaza, US President Donald Trump has said. In a post on Truth Social, Trump said the US would "work with all parties to end the War". He did not give details on the proposed truce.