US considers $20 billion cash-for-uranium deal – report

Axios reports that the US and Iran are negotiating over a three-page plan to end the war.

It details:

One element under discussion being that the U.S. would release $20 billion in frozen Iranian funds in return for Iran giving up its stockpile of enriched uranium.

S&P 500 futures are up 40 points, roughly doubling on the headlines.

Importantly, the report also says that there has been “steady progress” in negotiations though “significant gaps remain”.

This article was written by Adam Button at investinglive.com.