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

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.