Iran said on Friday it was looking for actions, not words from the United States after sources said President Donald Trump was weighing an initial U.S.-Iranian agreement to extend a ceasefire and open the Strait of Hormuz.

The US and Iran still need to work out several sticking points before an agreement on the war can be reached, Vice-President JD Vance has said.

On Wednesday, talks between Russian President Vladimir Putin and Chinese President Xi Jinping made no progress on the long-planned 1,615-mile pipeline intended to deliver 50 billion cubic meters of natural gas annually from Russia’s Yamal field to China.

Washington has intensified pressure on Tehran as the ongoing conflict between the United States, Israel and Iran continues without a breakthrough, while regional violence and energy disruptions escalate across the Middle East. The war, which began after major strikes on Iran starting February 28, has pushed oil prices higher and created a growing geopolitical deadlock.

Intel (INTC.O), opens new tab has reached a preliminary deal with Apple to make some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, in ​a major boost for the chipmaker's bid to revive its manufacturing business.

US and Iranian officials are due to meet in Geneva on Thursday for a third round of indirect talks, as President Donald Trump threatens to strike Iran if a nuclear deal is not reached.

Iranian Foreign Minister Abbas Araghchi stated on Saturday that Iran views nuclear weapons as “unacceptable,” reaffirming the country’s longstanding position, supported by a religious fatwa, amid sensitive negotiations with the United States.