MEE-US, Iran Near Interim Deal On Nuclear Enrichment & Oil Exports

Middle East Eye reporting that "Iran and the United States are nearing a temporary deal that would swap some sanctions relief for reducing Iranian uranium enrichment activities" according to two of its sources. "According to an Iranian official and a person close to negotiations, the talks have taken place directly on US soil, marking a notable development in the diplomatic process."

• MEE: "Under the terms of the deal, Iran would commit to ceasing its 60 percent-and-beyond uranium enrichment activities and would continue its cooperation with the IAEA for the monitoring and verification of its nuclear programme. In exchange, the sources said, Tehran would be allowed to export up to a million barrels of oil per day and gain access to its income and other frozen funds abroad.Those funds would have to be exclusively used to purchase a range of essential items, including food and medication."
• It remains extremely unlikely that the US will look to rejoin the Joint Comprehensive Plan of Action (JCPoA), which the US left under the administration of former President Donald Trump in 2018.