Iran ready to offer concessions in return for US sanctions relief - Reuters

Iran has signaled it is prepared to make concessions on its nuclear program in talks with the United States in return for sanctions relief and recognition of its right to enrich uranium, as it seeks to avert a US attack, Reuters reported, citing a senior Iranian official.

Tehran would seriously consider sending half of its most highly enriched uranium abroad, diluting the rest and taking part in creating a regional enrichment consortium, the Iranian official said according to Reuters.

Iran would do so in return for US recognition of its right to “peaceful nuclear enrichment” under a deal that would also include lifting economic sanctions, the official said.

In addition, Iran has offered openings for US companies to participate as contractors in Iran’s oil and gas industries, the official said.

“Within the economic package under negotiation, the United States has also been offered opportunities for serious investment and tangible economic interests in Iran’s oil industry,” Reuters quoted the official as saying.

Araghchi earlier said Iran would not “capitulate,” responding to US envoy Steve Witkoff’s remarks that President Donald Trump was “curious” why Tehran had not capitulated under mounting US pressure.