The United States is reportedly weighing a controversial diplomatic framework with Iran that could exchange frozen Iranian assets for limits on Tehran’s nuclear material, according to details circulating around a proposed three-page peace initiative aimed at easing long-standing nuclear tensions.

Under the reported outline, Washington and Tehran are engaged in negotiations that could see around $20 billion in frozen Iranian funds released in return for Iran reducing or surrendering its stockpile of highly enriched uranium. The arrangement under discussion is said to include options for moving part of the uranium to a third country, while the rest would be processed down to lower enrichment levels inside Iran under international monitoring systems.

The proposed framework also reportedly allows Iran to maintain nuclear research reactors for peaceful medical isotope production, on the condition that all nuclear infrastructure remains above ground and subject to strict verification and oversight mechanisms.

Diplomatic sources further indicate that a second round of US–Iran discussions is expected to take place in Pakistan on Sunday, placing the country in a potential mediating or hosting role in the sensitive negotiations. While neither government has officially confirmed the details, the reported proposal has already drawn global attention due to its scale and the direct linkage of frozen financial assets with nuclear concessions.

The development is being closely watched as one of the most unconventional diplomatic approaches in recent US–Iran engagement, blending financial leverage with nuclear containment measures in a single negotiated framework.