Iran agrees to halt uranium enrichment for sanctions relief and frozen assets

Iran has reportedly agreed to halt uranium enrichment in exchange for easing US sanctions, according to Saudi broadcaster Al-Hadath, citing sources familiar with the matter. The development follows signals that President Donald Trump is prepared to offer sanctions relief and access to frozen Iranian funds for concrete nuclear steps. The report comes as Washington and Tehran remain divided over the sequencing of a possible agreement, with Qatar and Pakistan working to revive diplomatic efforts. Axios reported that the Trump administration wants clear nuclear commitments before broader concessions, while Iran has prioritized the Strait of Hormuz, the naval blockade, and sanctions. Iran previously proposed transferring its 60% enriched uranium stockpile to a third party as part of a seven-day plan to resolve the Hormuz standoff. US officials described indirect talks as "positive and constructive" but noted significant differences remain, particularly over which side should move first.