The US-Iran negotiations have reached a deadlock, with three major sticking points difficult to resolve

On April 12, according to Caixin, the current US-Iran negotiations are mainly stuck on three core issues:
Control of the Strait of Hormuz
The US demands Iran immediately reopen the strait, allowing all maritime shipping to pass freely. But Iran has explicitly refused, with two informed officials stating that Iran will not relinquish control of this strategic choke point and will only consider opening it after a final peace agreement is reached.
Enrichment uranium stockpile disposal
Trump insists that Iran "hand over or sell all near-weapons-grade uranium stockpiles." Iran has proposed counter-terms, but the two sides have failed to reach a compromise.
Unfreezing overseas assets and compensation
Iran demands the US compensate for damages caused by airstrikes and unfreeze its oil revenues held in Iraq, Luxembourg, Bahrain, Japan, Qatar, Turkey, and Germany for post-war reconstruction. The US has explicitly rejected these demands.
Brief comment: All three issues involve core interests of both sides, with no concessions. Control of the strait involves Iran’s strategic leverage, uranium enrichment concerns the bottom line of nuclear capability, and asset unfreezing relates to practical economic interests — the US clearly does not want to "pay the price first" at the negotiation table. The deadlock persists, and geopolitical risk premiums remain high.
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