US is prepared to broker a ceasefire between Israel and Palestinian militants in Gaza, President Barack Obama has said.
His comments came in a phone call with Israeli PM Benjamin Netanyahu.
Mr Netanyahu earlier said Israel's operation was progressing as planned with "more stages expected". The air strikes on Gaza, and militant rocket fire into Israel, continued overnight.
More than 90 Gazans have died since Tuesday, Palestinian officials say.
About half of those killed are civilians, the health ministry has said, with some 600 people - mainly civilians - injured.
Israel says "dozens of terrorists" are among the dead.
There have been no reports of fatalities in Israel.
One person was seriously injured when a rocket hit a petrol station in the southern town of Ashdod on Friday morning, reports say.
'Full-blown war'
In his telephone call with Mr Netanyahu, Barack Obama said: "The United States remains prepared to facilitate a cessation of hostilities, including a return to the November 2012 ceasefire agreement," according to a White House statement.
The president also strongly condemned rocket fire by Hamas, "expressed concern about the risk of further escalation and emphasised the need for all sides to do everything they can to protect the lives of civilians and restore calm".
French and Russian Presidents Francois Hollande and Vladimir Putin also made ceasefire pleas.
Earlier, UN Secretary General Ban Ki-moon urged both Israel and Palestinian militants to exercise restraint, saying the Middle East could not afford "another full-blown war".
Mr Netanyahu said after a meeting with top security officials that Hamas militants had been hit hard in Gaza.
He gave no indication of when or whether ground troops would be committed to the campaign, Israel's Jerusalem Post newspaper reports.
The BBC's Kevin Connolly in Jerusalem says a ground invasion would be a big political gamble as the military would have to deliver a clear victory before leaving, and that would be extremely difficult.
Israel says its targets in Gaza have been militant fighters and facilities, but the Palestinian health ministry says many of those who have died were women and children.
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