Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Iran, U.S. signal possible easing in nuclear tensions
    Headlines

    Iran, U.S. signal possible easing in nuclear tensions

    Iran, U.S. signal possible easing in nuclear tensions

    Published by Global Banking and Finance Review

    Posted on September 24, 2025

    Featured image for article about Headlines

    By Parisa Hafezi and John Irish

    UNITED NATIONS (Reuters) -Tehran and Washington signalled a possible softening in nuclear tensions on Wednesday, with Iran insisting it has no ambitions to build nuclear weapons and the U.S. expressing readiness to resume talks aimed at resolving the long-standing standoff.

    A few hours after Iranian President Masoud Pezeshkian told the U.N. General Assembly that Iran will never seek to build a nuclear bomb, U.S. President Donald Trump's Middle East Envoy Steve Witkoff said "we have no desire to hurt them".

    "We're talking to them. And why wouldn't we? We talk to everybody. As well we should. That's the job. Our job is to solve things,” he told the Concordia summit in New York.

    Prior to a 12-day war between Iran and Israel in June, Tehran and Washington held five rounds of nuclear talks but faced major stumbling blocks such as uranium enrichment on Iranian soil, which Western powers want to bring down to zero to minimise any risk of weaponisation.

    Tehran accuses Washington of "betraying diplomacy" and the nuclear talks have stopped since the war.

    One Iranian insider told Reuters that "several messages have been conveyed to Washington for resumption of talks via mediators in the past weeks, but Americans have not responded".

    On Tuesday, Iran's Supreme Leader Ayatollah Ali Khamenei, who has the last say on key state matters such as foreign policy and Iran's nuclear programme, ruled out negotiations with the United States under threat.  

    The United States, its European allies and Israel accuse Tehran of using its nuclear programme as a veil for efforts to try to develop the capability to produce weapons. Iran says its nuclear programme is for peaceful purposes only.

    'A FEW HOURS LEFT'

    Britain, France and Germany on August 28 launched a 30-day process to reimpose U.N. sanctions - known as snapback - that ends on September 27, accusing Tehran of failing to abide by a 2015 deal with world powers aimed at preventing it from developing a nuclear weapon.

    The European powers have offered to delay reinstating sanctions for up to six months to allow space for talks on a long-term deal if Iran restores access for U.N. nuclear inspectors, addresses concerns about its stock of enriched uranium, and engages in talks with the United States.

        "I think we have a desire, however, to either realize a permanent solution and negotiate around snapbacks, and if we can't, then snapbacks will be what they are. They're the right medicine for what's happening,” Witkoff said.

    But amid the looming threat of sanctions and last-ditch talks between Tehran and European powers to reach a deal to avert snapback of sanctions, diplomats have warned the chances of success remain slim.

    After meeting his Iranian counterpart on the sidelines of the UN General Assembly, French President Emmanuel Macron said Iran still had a chance to prevent reimposition of international sanctions, adding that Tehran had not offered anything tangible.

    "An agreement is still possible. There are only a few hours left. It is up to Iran to meet the legitimate conditions we have set," Macron posted on X.

    Two European diplomats told Reuters that Iran, the E3 and the EU held a fresh round of talks on Wednesday.

    DEADLINE ON SATURDAY

    If Tehran and the E3 fail to reach a deal on an extension by the end of September 27, then all U.N. sanctions will be reimposed on Iran, where the economy already struggles with crippling sanctions reimposed since 2018 after Trump ditched the pact during his first term. 

    The so-called snapback process would reimpose an arms embargo, a ban on uranium enrichment and reprocessing, a ban on activities with ballistic missiles capable of delivering nuclear weapons, a global asset freeze and travel bans on Iranian individuals and entities.

    (Writing by Parisa Hafezi, Editing by Michelle Nichols, Hugh Lawson, Alison Wiliams and Daniel Wallis)

    Related Posts
    Luxury goods company Kering and Ardian finalise New York property deal
    Luxury goods company Kering and Ardian finalise New York property deal
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    Human‑wave attacks and drones: How Myanmar's junta is fighting back
    EU to relent on combustion engines ban after auto industry pressure
    EU to relent on combustion engines ban after auto industry pressure
    US suspends technology deal with Britain, FT reports
    US suspends technology deal with Britain, FT reports
    Taiwan's global credibility on the line with disputed laws, president says
    Taiwan's global credibility on the line with disputed laws, president says
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages
    Europe to launch international commission for Ukraine war damages
    Europe to launch international commission for Ukraine war damages
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    South Korea's ADEL signs up to $1.04 billion Alzheimer's drug development deal with Sanofi
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    'Battlefield' maker EA forecasts softer 2026 bookings amid slow spending, crowded holiday slate
    Britain clinches upgraded South Korea trade deal
    Britain clinches upgraded South Korea trade deal

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTariffs and conflict causing major volatility in shipping industry, says UN trade agency
    Next Headlines PostZelenskiy tells UN: Stop Russia's war or face dangerous arms race

    More from Headlines

    Explore more articles in the Headlines category

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Belarus' Lukashenko says Venezuelan President Maduro is welcome to move to Belarus

    Trump says lawsuit against BBC likely to be filed soon

    Trump says lawsuit against BBC likely to be filed soon

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    German parliament suffers suspected cyberattack during Zelenskiy’s visit, FT reports

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    European leaders agree Ukraine security guarantees should include European-led peacekeeping force

    UK military chief urges Britain to better prepare for Russia threat

    UK military chief urges Britain to better prepare for Russia threat

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Ukraine says underwater drones hit submarine, but Moscow denies damage

    Serbia's prosecutor files to indict minister in connection with Kushner project

    Serbia's prosecutor files to indict minister in connection with Kushner project

    French court jails Congo ex-rebel leader for 30 years

    French court jails Congo ex-rebel leader for 30 years

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    Italy's Caltagirone group strengthens governance procedure over Generali, MPS stakes

    France says cattle disease under control as farm protests continue

    France says cattle disease under control as farm protests continue

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    Israeli forces kill Palestinian teen in West Bank, health ministry says

    View All Headlines Posts