After 16 months of fitful, indirect U.S.-Iranian talks, with the EU shuttling between the parties, a senior EU official said on Aug. 8 it had laid down a "final" offer and expected a response within a "very, very few weeks."

While Washington has said it is ready to quickly seal a deal to restore the 2015 accord on the basis of the EU proposals, Iranian negotiators said Tehran's "additional views and considerations" to the EU text would be conveyed later.

"Our answer will be given to the EU tonight at 12 midnight...There are three issues that if resolved, we can reach an agreement in the coming days," Foreign Minister Hossein Amirabdollahian said, suggesting Tehran's response would not be a final acceptance or rejection of the EU proposal.

"We have told them that our red lines should be respected...We have shown enough flexibility...We do not want to reach a deal that after 40 days, two months or three months fails to be materialised on the ground."

Diplomats and officials told Reuters that whether or not Tehran and Washington accept the EU's "final" offer, neither is likely to declare the pact dead because keeping it alive serves both sides' interests.

Amirabdollahian said that "the coming days are very important" to see whether the United States will show flexibility over the remaining three issues.

"It would not be end of the world if they fail to show flexibility...Then we will need more efforts and talks...to resolve the remaining issues," he said.

The stakes are high, since failure in the nuclear negotiations would carry the risk of a fresh regional war with

Israel threatening military action against Iran if diplomacy fails to prevent Tehran develop a nuclear weapons capability.

Tehran, which has long denied having such ambition, has warned of a "crushing" response to any Israeli attack.

"Like Washington, we have our own plan B if the talks fail," Amirabdollahian said.

In 2018, then-President Donald Trump reneged on the deal reached before he took office, calling it too soft on Iran, and reimposed harsh U.S. sanctions, spurring the Islamic Republic to begin breaching its limits on uranium enrichment.

The 2015 agreement appeared on the verge of revival in March after 11 months of indirect talks between Tehran and U.S. President Joe Biden's administration in Vienna.

But talks broke down over obstacles including Tehran's demand that Washington provide guarantees that no U.S. president would abandon the deal as Trump did.

Biden cannot promise this because the nuclear deal is a non-binding political understanding, not a legally binding treaty.

"They need to adopt a realistic approach about guarantees. Regarding the two other remaining issues, they have shown some relative flexibility verbally, but it needs to be mentioned in the text," Amirabdollahian said.

(Writing by Parisa Hafezi; Editing by Toby Chopra, Ed Osmond and Mark Heinrich)

By Parisa Hafezi