Al Arabiya, citing unnamed Arab sources, reported a Qatar- and Pakistan-backed
proposal has revived substantive US‑Iran nuclear talks. The parties are expected
to reach a preliminary understanding allowing Iran to enrich uranium
domestically to 3.67%—Tehran has indicated agreement—while Washington seeks to
reduce Iran’s existing stock of 60% enriched uranium; third-country assistance
to handle high‑enriched material is under consideration. Arrangements are
underway for IAEA inspectors to return to Iran, though their mandate remains
unspecified. Under the proposed framework the Strait of Hormuz would reopen
immediately, maritime restrictions would be lifted, and the US would release
$6–9 bln in Iranian assets upon agreement. The report said markets reacted:
Nasdaq gains widened to about 3% intraday, spot gold and silver rose, and oil
fell more than $1.50 per barrel.
