Iran reportedly agrees to surrender enriched uranium in US peace deal

Iran has reportedly agreed to give up its stockpile of highly enriched uranium as part of a proposed US peace deal to end West Asia conflict, US officials told The New York Times. President Trump announced both countries are nearing completion of an agreement to halt hostilities and reopen the Strait of Hormuz, a critical global oil shipping route.

Discussions remain preliminary with no final agreement reached yet. Future negotiations will determine whether uranium is transferred out of Iran, diluted, or rendered unusable under international supervision.

The deal aims to reduce regional tensions following months of military confrontations involving Iran, the US, and Israel. The Strait of Hormuz handles 20% of global oil supplies, making this critical for global energy markets.

How might this developing peace deal impact Nigeria's oil-dependent economy and our diplomatic position in the region?

SOURCE: https://dailypost.ng/2026/05/24/iran-agrees-to-give-up-enriched-uranium-in-proposed-us-deal/