The administration of President Donald Trump is considering the unfreezing of up to $20 billion in Iranian assets as part of ongoing negotiations with Iran, according to sources familiar with the discussions.
Officials involved in the talks say a broader agreement aimed at ending ongoing regional tensions could be reached as early as this weekend, although key areas of disagreement remain unresolved.
The potential release of funds is expected to draw criticism from conservative voices in Washington, particularly given Trump’s past opposition to a 2016 agreement under former President Barack Obama, which involved a $400 million payment to Iran alongside the release of detained American citizens and the implementation of a nuclear deal.
Diplomatic efforts have intensified in recent days, with Pakistani officials playing a central mediating role. A delegation led by Asim Munir has been engaged in talks with Iranian counterparts in Tehran, marking the third consecutive day of negotiations.
Sources indicate that if progress is made, a follow-up round of direct talks between US and Iranian officials could take place in Islamabad as early as this weekend, potentially paving the way for a final agreement.
Recent developments in the region appear to have boosted momentum in the negotiations. A 10-day ceasefire between Israel and Lebanon, announced by Trump, has reportedly eased tensions, while Iran’s decision to fully reopen the Strait of Hormuz has further signalled a willingness to de-escalate.
However, significant sticking points remain. Chief among them are the duration of any suspension of Iran’s uranium enrichment programme and the handling of its existing stockpile of nuclear material.
One proposal under discussion would see the US unfreeze Iranian assets in exchange for Tehran surrendering its reserves of highly enriched uranium. Iranian officials are reportedly seeking broader sanctions relief and access to funds exceeding the proposed $20 billion.
Despite ongoing discussions, no final agreement has been reached.
Responding to reports, White House spokeswoman Anna Kelly said talks were progressing but declined to provide further details.
“Productive conversations with Iran continue, but we will not negotiate via the press,” she said.
The outcome of the negotiations is expected to have far-reaching implications for regional stability, global energy markets, and US foreign policy.
