Draft US-Iran deal includes releasing Iranian assets, nuclear concessions: report

Iranian officials have disclosed new details of a draft agreement under consideration with the United States, according to a Reuters report on Sunday.

Citing a senior Iranian source familiar with the negotiations, the draft would allow Iran to enrich uranium only at low levels for civilian purposes while committing not to pursue a nuclear weapon. Tehran would also have to agree not to expand its nuclear program during a 60-day negotiating period.

The draft would reportedly allow Iran to convert or dilute portions of its existing stockpile under international monitoring.

It is unclear if the draft includes provisions related to Iran funding terrorism in the Middle East.

Under the draft agreement, the U.S. would suspend sanctions targeting Iran's oil exports, not impose new sanctions while negotiations continue, and release approximately $25 billion in Iranian assets frozen overseas.

The draft includes the immediate reopening of maritime traffic through the Strait of Hormuz, the report said.

U.S. officials have not confirmed the report on the contents of the draft.