Iran increases stockpile of enriched uranium despite denial of nuclear weapons pursuit, warns watchdog

Iran increases stockpile of enriched uranium despite denial of nuclear weapons pursuit, warns watchdog

Iran has reportedly further built up its supply of enriched uranium, sparking concerns about its nuclear ambitions. The United Nations’ nuclear watchdog issued a confidential report warning that Tehran now has about 313.2 pounds of uranium enriched up to 60%, a significant increase from previous reports.

This development is worrisome as once a nation stockpiles roughly 92.5 pounds of uranium enriched to 60%, the possibility of creating a nuclear weapon becomes theoretically possible. With Iran’s stash of enriched uranium believed to be around 13,671.5 pounds, the situation is becoming increasingly tense.

While Iran has long denied allegations of pursuing a nuclear weapon, experts remain skeptical. The country’s nuclear program has been a source of contention, especially with the collapse of the US-backed nuclear deal and the imposition of economic sanctions.

President Biden’s administration is rumored to be considering reviving the nuclear deal, but so far, no progress has been made. Tensions in the Middle East have escalated, with recent attacks between Iran and Israel following the Israel-Hamas conflict.

The recent death of President Ebrahim Raisi has further complicated matters, causing a pause in talks with the UN nuclear watchdog. Agency officials are still seeking answers about undeclared uranium particles in Iran and the installation of monitoring equipment.

The situation in Iran remains precarious, with the potential for a nuclear arms race in the region. The international community is closely monitoring the developments and urging Iran to cooperate with inspections and transparency.

Share this article
Shareable URL
Prev Post

Bank of America Recommends 4 Metal ETFs for Strong Investment Returns as Gold and Silver Prices Surge – Including GLTR and DBP

Next Post

BP, Shell and EOG compete for land in Trinidad’s oil and gas auction

Leave a Reply

Your email address will not be published. Required fields are marked *

Read next
Subscribe to our newsletter
Stay informed on the latest market trends