Recent diplomatic efforts center on a late-October draft framework proposing transfer of Iran's roughly 440 kg stockpile of uranium enriched to 60%—enough material for multiple weapons if further processed—to a third country or dilution of enrichment levels, paired with sanctions relief and Strait of Hormuz reopening under Chinese guarantees and independent verification. Iranian officials have publicly rejected any removal of material from the country while U.S. demands emphasize meaningful cuts to enrichment capacity. Strikes since 2025 have damaged facilities at Natanz, Fordow, and Isfahan, leaving the stockpile's exact status unverified by the IAEA amid restricted access. Ongoing Qatari-mediated talks seek a 60-day ceasefire extension and nuclear negotiations, though U.S. officials note remaining targets and Iran maintains its enrichment rights under the NPT. U.S. midterms on November 3 add near-term political pressure on escalation or concession timing.