US to Iran: Stop high-grade uranium enrichment and win $20bn of frozen assets

Significant progress in the US-Iran talks underway in Vienna is reported by sources close to the IAEA (international Atomic Energy Agency) following a new proposal. The Biden administration is reported to have made this offer to Tehran: Halt high-grade uranium enrichment and in exchange we will release $20bn of the frozen assets locked in Western banks as part of the sanctions regime imposed on the Islamic Republic.