Progress seen but core issues divide US and Iran

US-Iran gaps are said to have narrowed, but disputes over nuclear limits, uranium stockpiles, Hormuz access and sanctions relief remain unresolved, keeping prospects for a deal uncertain and risks to energy markets elevated.

Summary:

  • Pakistan sources say US-Iran gaps narrowing
  • Nuclear programme remains core disagreement
  • US wants uranium custody; Iran rejects
  • Hormuz blockade vs restrictions remains unresolved
  • Iran demands sanctions relief and asset release
  • War reparations add further complexity

Reports from Pakistani media suggest that gaps between the United States and Iran have narrowed in recent days, raising cautious optimism ahead of renewed talks. However, despite some progress, several major sticking points continue to prevent a breakthrough, underscoring how far apart the two sides remain on core issues.

At the centre of the negotiations is Iran’s nuclear programme. Washington is pushing for a complete halt to Iran’s nuclear activities, while Tehran has made clear it would only accept temporary restrictions, arguing that any limits must be time-bound rather than permanent. This fundamental disagreement continues to shape the overall framework of any potential deal.

Closely linked is the question of Iran’s uranium stockpile. The United States has proposed taking control of Iran’s roughly 400kg of highly enriched uranium, a demand Tehran has firmly rejected. For Iran, relinquishing control of its stockpile is seen as a major concession that would undermine its strategic position.

The situation in the Strait of Hormuz remains another critical fault line. Iran has indicated it will maintain restrictions on shipping until the United States lifts its naval blockade on Iranian ports. Washington, however, has taken the opposite stance, insisting the blockade will remain in place until a comprehensive agreement is reached. This creates a circular dynamic, with each side conditioning its concessions on the actions of the other.

HUBFX

Economic demands also loom large. Iran is seeking substantial sanctions relief, including the unfreezing of around $20 billion in overseas assets. In addition, Tehran has put forward claims for war-related compensation estimated at roughly $270 billion, reflecting the scale of damage it says has been inflicted during the conflict.

Taken together, the negotiations reflect a narrowing gap on process but not yet on substance

Progress seen but core issues divide US and Iran

For News Subscribe Us!

If you wish to receive the weekly market report, please subscribe. For a daily report please go to contact form to speak to the sales team.

You have been successfully Subscribed! Ops! Something went wrong, please try again.
PikPng.com_apple-icon-png_BBB

register your interest now

ALL RIGHTS RESERVED © 2024 HUBFX
Business Office at 7 Bell Yard, London, WC2A 2JR, United Kingdom

HUBFX Asia  Business Office at
100 Peck Seah St, 079333, Singapore

ALL RIGHTS RESERVED © 2025 HUBFX
Business Office at 7 Bell Yard, London, WC2A 2JR, United Kingdom

HUBFX Asia  Business Office at
100 Peck Seah St, 079333, Singapore

For clients based in the European Economic Area, payment services for HUBFX are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).  For clients based in the United States, payment services for HUBFX are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011. For clients based in the United Kingdom and rest of the world, payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199). Please refer to the Terms of Use here.

Payment services for HUBFX UK and US are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 

 

Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

Rates are indicative only. Please log in for getting your rates.