**Iran’s nuclear chief Mohammad Eslami stated on October 8, 2026, that Tehran will neither abandon uranium enrichment nor hand over its enriched uranium stockpile under any circumstances, directly addressing U.S. demands for meaningful reductions in capacity and disposition of the material.** This follows the expiration of a June 2026 memorandum of understanding that had outlined IAEA-supervised down-blending of the roughly 440 kg stockpile enriched to 60 percent (near weapons-grade levels per IAEA estimates). Ongoing indirect U.S.-Iran talks, mediated in part through Oman and involving Foreign Minister Abbas Araghchi, continue to explore compromises such as dilution, inspector access in exchange for sanctions relief, or status-quo maintenance, but Iran consistently rejects full surrender or handover while insisting on its NPT right to enrichment. The IAEA remains unable to verify the stockpile’s current location or condition after U.S.-Israeli strikes, adding uncertainty to any potential agreement timeline.
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