Latest news with #IranNegotiations


Al Bawaba
5 days ago
- Business
- Al Bawaba
Iran offers a-year enrichment freeze if U.S. releases frozen funds
Published May 28th, 2025 - 04:34 GMT The fifth round of U.S.-Iran negotiations, brokered by Oman, has seen limited progress. ALBAWABA- In a potential breakthrough, Iran is reportedly open to halting its uranium enrichment for one year, if the United States agrees to release frozen Iranian assets and officially recognize Tehran's right to enrich uranium, Reuters reported, citing Iranian officials. Also Read Iranian President visits Oman to push regional diplomacy This unexpected development contrasts with recent hardline messaging from top Iranian leaders. Just yesterday, Iranian Foreign Minister Abbas Araghechi posted on X that Tehran has engaged 'in good faith' with the UK and other European signatories of the 2015 nuclear deal, while accusing the U.S. of sidelining them in ongoing indirect talks. Iran has maintained multilateral engagement with the UK and other European JCPOA participants in good faith, even as the U.S. continues to show no interest in getting them involved in the ongoing negotiation process. If the UK position is 'zero enrichment' in Iran—in violation… — Seyed Abbas Araghchi (@araghchi) May 27, 2025 'If the UK position is 'zero enrichment' in Iran—in violation of the NPT and its JCPOA commitments—then there is nothing left to discuss,' Araghechi wrote. The fifth round of U.S.-Iran negotiations, brokered by Oman, has seen limited progress. Commenting on the negotiations, Trump said the U.S. is having "very productive talks" with Iran. Meanwhile, President Donald Trump has issued a 60-day ultimatum for resolving the Iran nuclear file, warning of unspecified U.S. actions if talks stall. Meanwhile, Trump recently cautioned Israeli Prime Minister Benjamin Netanyahu in a tense phone call against any unilateral military moves that could sabotage the delicate talks. "I cautioned him against any action that could sabotage the talks with Iran." Trump administration officials reportedly fear that Israeli action against Iran's nuclear sites could derail months of diplomacy. The White House says a diplomatic framework may emerge 'in the next two days.' However, sources close to the negotiations suggest any deal would be preliminary, setting the stage for deeper talks on enrichment limits, fuel stockpile reductions, and international verification. © 2000 - 2025 Al Bawaba (


CNA
6 days ago
- Business
- CNA
Oil prices dip on supply concerns
HOUSTON :Oil prices eased 1.5 per cent on Tuesday, spurred by worries of a supply glut after Iranian and U.S. delegations made some progress on their talks and on expectations that OPEC+ will decide to increase output at a meeting later this week. Brent crude futures were down 99 cents, or 1.5 per cent, at $63.73 a barrel by 1457 GMT. U.S. West Texas Intermediate crude fell $1.02, or around 1.7 per cent, to $60.48 a barrel. The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, is not expected to change policy at a meeting on Wednesday. However, another meeting on Saturday is likely to agree to a further accelerated oil output hike for July, three delegates from the group told Reuters. Meanwhile, Iranian and U.S. delegations wrapped up a fifth round of talks in Rome last week. While signs of some limited progress emerged, there were many points of disagreement that were hard to breach, notably the issue of Iran's uranium enrichment. If nuclear talks between the U.S. and Iran fail, it could mean continued sanctions on Iran, which would limit Iranian oil supply, while any resolution could add Iranian supply to the market. Supporting prices, U.S. President Donald Trump's decision to extend trade talks with the European Union until July 9 alleviated immediate fears of tariffs that could suppress fuel demand. Wall Street opened higher on Tuesday on Trump's trade reprieve. Easing trade concerns were supportive, said UBS analyst Giovanni Staunovo, adding that upside to prices remains limited until it is clear what OPEC+ will decide on Saturday. The dollar strengthened on Tuesday as the yen came under pressure from a sharp fall in Japan's long-dated bond yields, while investors took comfort from Trump's decision to delay higher tariffs on the European Union.

Al Arabiya
26-05-2025
- Politics
- Al Arabiya
US homeland security chief says had ‘candid' conversation with Netanyahu about Iran talks
US Homeland Security Secretary Kristi Noem said on Monday she had a candid conversation with Israeli Prime Minister Benjamin Netanyahu about the United States' negotiations with Iran. 'President Trump specifically sent me here to have a conversation with the prime minister about how those negotiations are going and how important it is that we stay united and let this process play out," Noem said during an interview with Fox News' 'Fox and Friends.' 'It was a very candid conversation.' Iranian and US delegations wrapped up a fifth round of talks in Rome last week and signs of some limited progress emerged Developing

Washington Post
13-05-2025
- Politics
- Washington Post
Trump pulls sanctions on Syria, extends olive branch to Iran
RIYADH, Saudi Arabia — President Donald Trump announced plans Tuesday to lift sanctions against the Syrian government and expressed in his strongest terms yet a willingness to negotiate with Iran, signaling a reordering of U.S. foreign policy in which there are no 'permanent enemies.' Trump's speech, which kicked off the first major foreign trip of his second term, offered a sweeping but at times contradictory vision of the role of U.S. military force in the world. He declared his opposition to past U.S. interventions in the Middle East but also a willingness to use force to defend the United States and its allies.