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Trump Offers to Release Frozen Iran Funds for Nuclear Concessions

· World · India Today, Axios

US President Donald Trump is willing to offer Iran sanctions relief and help release frozen Iranian funds if Tehran makes concrete commitments on its nuclear programme, according to Axios citing US officials. This comes as Qatar and Pakistan step up mediation efforts between Washington and Tehran. The Trump administration has made limits on Iran's nuclear activities a key condition for any agreement. Iran has sought to put the Strait of Hormuz and the US naval blockade at the centre of negotiations. The latest US offer could give mediators more room to bridge differences over the timing and sequence of commitments.

Why it matters

The development could ease tensions in the Strait of Hormuz, a critical chokepoint for global oil supplies, including India's crude imports. A deal might reduce the risk of supply disruptions that affect fuel prices and inflation in India.

Read the original report — India Today

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