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. Last Updated: 07/27/2016

Iran Agrees to Nuclear Swap

MANAMA, Bahrain — After weeks of conflicting responses, Iran abruptly said Saturday that it was ready to exchange uranium for nuclear fuel — the key demand of a UN-sponsored initiative to defuse global fears over its nuclear program.

But Foreign Minister Manochehr Mottaki spoke of exchanging the material with Russia and France in phases rather than all at once as is called for in the UN plan — conditions that are unlikely to satisfy the United States and its allies as they prepare to discuss new sanctions against Tehran at a meeting that could take place in the coming week.