The United States says Tehran and Washington "made very good progress in their direct and indirect discussions and agreed to meet again next week," Reuters reported citing a Trump administration official.

Iran's currency rial rallied to 824,000 per dollar on Saturday, marking its lowest rate since Trump returned to office in January. The currency had previously peaked at 1,058,000 on April 8.

Omani Foreign Minister Sayyid Badr al-Busaidi said nuclear talks between Iran and the US are gaining momentum, and now even the unlikely is possible.

Iran’s Foreign Minister Abbas Araghchi said the second round of talks with the US in Rome was productive, and that technical negotiations are set to resume in Oman on Wednesday before a third round of high-level talks next Saturday.

The second round of US-Iran talks began Saturday at the residence of the Omani ambassador in Rome and concluded after four hours. A third round is scheduled for next week, Tehran says.

Israel's foreign minister says his country would accept an agreement between Tehran and Washington that would block Iran's pursuit of a nuclear weapon even though he believes the Islamic Republic would not comply with its obligations.

Iran’s foreign minister Abbas Araghchi met with Italy’s Tajani in Rome ahead of US talks and said Israel is the 'only obstacle' to a nuclear-free Middle East.

US Secretary of State Marco Rubio says Europe must reimpose sanctions if Iran is found out of compliance, warning Tehran is ‘dangerously close’ to a nuclear weapon.

US President Donald Trump said he was 'not in a rush' for an attack on Iran and said he sought a long-term deal which does not deprive Iran of its industry or territory.

Iran proposed a three-stage plan to the US delegation during talks in Oman on Saturday envisioning a cap on their uranium enrichment in exchange for the lifting of US sanctions, three diplomatic sources in Tehran told Iran International.