Iran’s Deputy Foreign Minister Majid Ravanchi says Tehran is willing to address concerns over its highly enriched uranium stockpile, including possible dilution of 60% enriched material — but only if sanctions relief comes first. As U.S. officials accuse Iran of stalling nuclear diplomacy, President Donald Trump and Israeli Prime Minister Benjamin Netanyahu are pivoting toward coordinated economic warfare aimed at Iran’s oil exports to China. Axios reports the strategy could include sweeping tariffs and sanctions on nations trading with Tehran, raising fears of escalation in the Strait of Hormuz and deeper U.S.–China confrontation.