During the first round of nuclear negotiations between the United States and Iran in Oman, Iranian officials proposed a detailed three-phase agreement aimed at capping uranium enrichment in return for the phased lifting of U.S. sanctions. The offer was disclosed by three Iranian diplomatic sources speaking to Iran International on Thursday.

According to the report, in the first phase of the plan, Iran would lower its uranium enrichment level to 3.76% in exchange for U.S. authorization to access its frozen financial assets and resume oil exports. This initial concession would mark a significant reduction from the current levels of uranium enrichment.

The second phase would see Iran permanently halting high-level enrichment and restoring full access for the International Atomic Energy Agency (IAEA) to inspect its nuclear sites. These steps would be contingent upon the U.S. lifting newly imposed sanctions and convincing the United Kingdom, Germany, and France to avoid triggering the UN’s so-called “snapback” sanctions mechanism against Tehran.

In the final stage of the proposed agreement, Iran would transfer its highly enriched uranium stockpiles to a third country. In return, the United States would lift all remaining sanctions, thereby restoring broader economic and diplomatic engagement between the two nations.

The offer comes amid efforts to revive diplomatic ties and reduce nuclear tensions. The second round of discussions is scheduled to take place in Rome on Saturday, and expectations are high that both sides may move closer to a compromise, especially after prior talks collapsed under mounting geopolitical strain.

This proposal, if accepted, would mark a shift in Iran’s nuclear posture and could pave the way for de-escalation in the region. The Biden administration’s earlier policy stance on sanctions has since been succeeded by President Donald Trump’s administration, which now holds a firmer position on nuclear compliance and regional stability.

As the world watches closely, the upcoming Rome talks could determine whether diplomacy will succeed in curbing Iran’s nuclear ambitions or if further confrontation lies ahead.