According to reports, Israel is nearing a ceasefire agreement with Hezbollah in Lebanon following nearly a year of conflict that intensified into a full-scale war in September.

Israeli media, including Haaretz, report that Israel has indicated tentative acceptance of a U.S.-brokered ceasefire proposal. However, these reports emphasize that a final agreement has yet to be concluded.

Reports suggest that Lebanon and Hezbollah tentatively approved the agreement last week; however, both sides still require formal approval for the ceasefire to take effect.

The reported ceasefire follows a major Hezbollah rocket barrage against Israel, which came in response to Israeli strikes on Hezbollah command posts in Beirut.

This is a developing story. Check back for updates.