Iran seeks deal offering US financial incentives: Report

Iran is seeking a deal that would offer financial returns to the United States, including investments in its vast oil and gas reserves, as part of efforts to persuade US President Donald Trump to approve an agreement on its nuclear program and avoid a military confrontation.

The Financial Times cited a source familiar with the matter as saying Tehran is looking to leverage Trump’s preference for dealmaking that delivers financial benefits to the United States by offering economic opportunities in oil and gas, mining rights, and critical minerals.

Sources said Iran is also studying the Venezuela model, referring to Trump-era pressure to allow US companies to secure oil deals in Venezuela, in a bid to demonstrate seriousness about reaching an agreement and to avoid escalation.

A US delegation including special envoy Steve Witkoff is due to meet Iran’s foreign minister, Abbas Araqchi, for talks in Geneva on Thursday.

A senior US official said no formal commercial offer had been presented to Washington so far, adding the issue had never been discussed and that Trump has been clear that Iran cannot be allowed to acquire a nuclear weapon.