After two days of nuclear negotiations between Iran and world powers ended this week in Geneva, the Obama administration is weighing to offer Iran the chance to recoup billions of dollars in frozen overseas assets if it takes steps to scale back its nuclear program, U.S. officials and congressional aides said Friday.

A Skeptical Congress is determined to make the end of Tehran's uranium enrichment activity the condition for any sanctions relief.
The talks - the first since Iranian President Hassan Rouhani took office -ended on an upbeat note although it fell short of specific and concrete commitments by Iran to stop enriching uranium or ship out its stockpiles of higher-enriched uranium. The proposal is one of several under consideration to spur negotiations to ensure Tehran can't produce atomic weapons. Enriching uranium can produce material for peaceful energy purposes or nuclear arms.

Under the plan being weighed, Iran would be able to access money from oil sales overseas that it currently can only barter with because of U.S. and international sanctions. Senate aides put the total between $50 billion and $75 billion. It's not clear what Iran would have to do in return to prompt the Obama administration to allow banks to release the money.

Iran can get rid of western sanctions only if it agrees to scale back its nuclear program, stop enriching uranium, and ship out its stockpiles of higher-enriched uranium.

With an agreement like this Iran would be able to able to access money from oil sales overseas, and return to normal relations with all countries. Under the plan being weighed, Iran would be able to access money from oil sales overseas that it currently can only barter with because of U.S. and international sanctions. Senate aides put the total between $50 billion and $75 billion. It's not clear what Iran would have to do in return to prompt the Obama administration to allow banks to release the money.

It certainly is a breakthrough that would defuse the situation in the Persian Gulf, and perhaps allow the United States and Iran to normalize their relations once again.