The Trump administration plans to finalize as soon as Wednesday a new written agreement that may form the basis for a potential Gaza ceasefire deal between Israel and Hamas, a senior aide told reporters.

"We are on the precipice of sending out a new term sheet that hopefully will be delivered later on today," said US President Donald Trump's special envoy, Steve Witkoff.

"The president is going to review it. And I have some very good feelings about getting to a long-term resolution, temporary ceasefire and a long-term resolution, a peaceful resolution, of that conflict."

Witkoff made the comments at the White House alongside Trump, who said that his administration is working on accelerating food deliveries to Palestinians living in Gaza.

"We're dealing with the whole situation in Gaza. We're getting food to the people of Gaza. It's been a very nasty situation," Trump told reporters.