US Ambassador to the UN Mike Waltz stated on September 27 that US negotiators offered to sell Iran uranium for civilian use under international safeguards, modeled on the UAE program, but Tehran declined. This follows June 2026 US-Iran talks on down-blending or removing Iran's estimated 440 kg stockpile of 60% enriched uranium, amid IAEA reports of continued noncompliance with inspections at damaged sites since the 2025 strikes. Ongoing diplomacy centers on verification, potential disposal under IAEA supervision, and limits on future enrichment, with trader assessments shaped by whether a final agreement secures verifiable transfer or elimination of the material within negotiated timelines.