Iran makes fuel swap offer

Iran submitted a plan to swap some of its enriched uranium for reactor fuel in a bid to to evade new United Nations sanctions and said the onus was on world powers to defuse tensions by accepting the deal.

But the proposal did not go beyond generalities already outlined last week and is unlikely to deter the US, Russia, China, Britain and France – the five permanent UN Security Council members – which have agreed on a draft fourth set of sanctions against Iran for refusing to give up uranium enrichment.