Well we knew this was coming. Reminiscent of dealings that took place a little over thirty years ago as the same Ayatollah Ali Khamenei released the fifty-two American hostages that had been held for over a year on the day that President Ronald Reagan was inaugurated, a highly placed source is saying that Iran and U.S. negotiators have come to an agreement regarding Iran's nuclear program. This agreement would ensure Iran could continue enrichment of uranium and remove sanctions placed on it by the United States. There is no question to the political timing of the news coming out.

I can't say that this comes as any surprise. The saber rattling that was taking place frankly was more crying wolf, just as it has been for the past two decades.

Reza Kahlili writes,

The source, who remains anonymous for security reasons and is highly placed in Iran’s regime, said that once Khamenei receives Obama’s guarantees, he will authorize an announcement by Iran on a solution to the nuclear crisis before the U.S. presidential elections.

The agreement calls for Iran to announce a temporary halt to partial uranium enrichment after which the U.S. will remove many of its sanctions, including those on the Iranian central bank, no later than by the Iranian New Year in March. Iran is in the throes of massive inflation and citizen unrest because of the sanctions.

French intelligence verified today that Yukiya Amano, the current director general of the International Atomic Energy Agency, has been given the go-ahead by the U.S. to be ready to travel to Iran and announce the agreement, according to Hamid Reza Zakeri, a former intelligence officer in the regime who has defected to Europe.

The source in Tehran said Khamenei has made it clear that unless he receives Obama’s written guarantees, he will not begin the process, which would dramatically boost Obama’s re-election chances. If the guarantees are not given, Khamenei has warned, Iran will speed up its nuclear program.

The guarantees would ensure the regime’s right to peaceful enrichment, quickly remove many of the sanctions, accept that Iran’s nuclear program does not have a military dimension and relieve international pressure on the regime while it continues its nuclear program. Also, the U.S. would announce that the killing of Iranian nuclear scientists was the work of a foreign country, though Israel would not be named, to increase legal pressure on Israel.

Previously a three person delegation traveled to Qatar on behalf of Obama to meet with Iranian counterparts, including Ali Akbar Velayati, who is a close adviser of Khamenei.

Just days after the meeting Iran's foreign minister Al Akbar Salehi, was interviewed by a German news magazine Der Spiegel. The Times of Israel reports:

In a rare statement of flexibility, however, Salehi said that “if our right to enrichment is recognized, we are ready for a trade-off.” The Iranian foreign minister proposed that Tehran would voluntarily “limit the amount of our enrichment” in exchange for “the guaranteed supply” of the necessary fissile material from foreign suppliers.

Secretary of State Hillary Clinton said protests taking place in Iran were the result of its own government. "They have made their own government decisions - having nothing to do with the sanctions - that have had an impact on the economic conditions inside of the country," she said.

She also went on toe declare that the sanctions could be immediately lifted if an agreement was reached. "Of course the sanctions have had an impact as well, but those could be remedied in short order if the Iranian government were willing to work with the P5+1 and the rest of the international community in a sincere manner." Clinton was referring to the five permanent members of the U.N. Security Council - Britain, China, France, Russia and the United States.

The source claiming the agreement has been reached and that the "paperwork" is all that is needed now says that Obama adviser Valerie Jarrett was the lone woman among the three that orchestrated the agreement. This definitely makes things suspect in light of the fact that Jarrett is from Iran.

The real issue in all of this though is not nuclear weapons, as much as it is the petrodollar and the U.S. economy.

UPDATE: The Obama administration confirms this article via the New York Times

UPDATE 2: Now the administration and Iran are saying they are not going to sit down for talks. Reuters.

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