Iran ready to offer nuclear concessions in talks with US, Reuters reports

A senior unnamed Iranian official told Reuters that Iran is prepared to make concessions on its nuclear program in exchange for the lifting of US sanctions and recognition of its right to uranium enrichment, aiming to prevent a US attack.

The official said that after two rounds of talks, the two sides still have significant differences over the scope and sequence of sanctions relief. Iran is ready to offer new concessions for the first time since talks broke down last week, when the parties were far apart and tensions had escalated toward potential military conflict.

Analysts cited by Reuters suggest this indicates Tehran's effort to sustain diplomacy and avert a major US strike. The official indicated Iran is seriously considering sending half of its enriched uranium abroad, diluting the remainder, and participating in a regional enrichment consortium. This would be in exchange for recognition of Iran's right to "peaceful nuclear enrichment" under an agreement that includes economic sanctions relief.

Additionally, Iran has offered opportunities for US companies to participate as contractors in its major oil and gas industries. The official stated: "In the framework of the negotiated economic package, opportunities for serious US investment and tangible economic benefits in Iran's oil sector have been proposed."

The White House has not commented. Washington views domestic enrichment in Iran as a potential pathway to nuclear weapons, while Iran denies pursuing weapons and seeks recognition of its enrichment rights.

Talks resumed earlier this month amid US military buildup in the Middle East, with Iran threatening retaliation against US bases in the region if attacked. The latest round highlighted gaps but the official noted a "possibility of reaching a temporary agreement."

Iran seeks a "logical timeline" for sanctions relief based on mutual interests. Iranian Foreign Minister Abbas Araghchi said on Sunday he expects to meet US President Donald Trump's special representative Steve Witkoff in Geneva on Thursday, adding there is still a "good chance" for a diplomatic solution. Araghchi said Friday he anticipates a counter-proposal draft soon, while Trump stated he is considering limited military strikes.