"The reports that we view the unfreezing of Iranian assets as a one-sided gesture for Tehran are not true ..." Price wrote on Twitter.

He stressed that any significant US move must be part of a process involving both sides.

Earlier, it was reported that the administration of US President Joe Biden was considering almost completely lifting some of the harshest sanctions against Iran, so that the Islamic republic could return to compliance with the Joint Comprehensive Plan of Action (JCPOA).