Iran Deal Takes Shape: Tehran to Dilute Uranium Stockpile in Exchange for $25B Asset Unfreeze and Sanctions Relief

A senior Iranian source has told Reuters that a developing agreement between the United States and Iran could include significant concessions from both sides, including Iranian commitments related to its nuclear program and substantial economic relief from Washington.

According to the source, Tehran would pledge not to produce or possess nuclear weapons and would dilute its stockpile of highly enriched uranium as part of a broader framework agreement. In return, the United States is expected to temporarily waive oil sanctions, unfreeze approximately $25 billion in Iranian assets held abroad, and lift restrictions on Iranian maritime trade.

The report also states that Iran would reopen the Strait of Hormuz, a critical global shipping route that has been at the center of recent tensions. Discussions over the future of Iran's uranium stockpile and the technical mechanisms for dilution are expected to continue during a 60-day negotiation period envisioned under the agreement.

Reuters reported that the proposed framework is designed as an initial step toward a broader settlement following months of conflict and diplomatic efforts. However, significant questions remain unresolved, particularly regarding the long-term fate of Iran's nuclear infrastructure and highly enriched uranium stockpile.

The emerging terms appear to differ from earlier Iranian statements. In May, a senior Iranian source told Reuters that Tehran had not agreed to transfer its highly enriched uranium stockpile abroad and that nuclear issues would be addressed only during negotiations on a final agreement.

Neither Washington nor Tehran has publicly confirmed the full details of the reported arrangement, and negotiations are ongoing.