• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Iran vastly increased nuclear fuel stockpile ahead of Trump return, UN agency finds

by November 20, 2024
written by November 20, 2024

Iran has increased its nearly weapons-grade uranium, a United Nations watchdog found, defying international demands to rein in its nuclear program.

Iran now has enough uranium at 60% purity, just below the 90% purity needed for a weapon, to produce about four nuclear bombs, an International Atomic Energy Agency (IAEA) report said. 

The report found Iran had about 400 pounds of uranium enriched to 60% as of Oct. 26, up 40 pounds from August. 

Around 92 pounds of uranium, enriched at 90%, is needed to make an atomic weapon. 

Iran’s overall stockpile of uranium enriched at any level reached about 14,560 pounds, up 1,880 pounds from August.

It comes as Iran has offered to cease enriching uranium beyond 60% – but only if the European Union and the United Kingdom cease their efforts to slap new sanctions on Iran and the IAEA drops a censure resolution it is pursuing.

During a meeting between IAEA general director Rafael Grossi and high-level Iranian diplomats, ‘the possibility of Iran not further expanding its stockpile of uranium enriched up to 60% U-235 was discussed, including technical verification measures necessary for the Agency to confirm this, if implemented,’ Grossi said. 

He added that Iran said it would consider accepting agency inspectors to conduct oversight of its nuclear materials. 

Experts say there is no credible use of 60% uranium at the civilian level. 

Concerns have swelled among Western nations that Iran could decide pursuing a nuclear bomb is its best deterrent, after Israel hollowed out Hamas and Hezbollah, Iran’s biggest proxies. U.S. intelligence suggests they’ve improved their manufacturing capabilities for doing so over the past year. 

It’s not yet clear whether President-elect Trump will come in with a combative or diplomatic tone toward Iran, but he’s promised to crack down on sanctions on the regime that he claims President Biden failed to enforce. 

The European Union on Monday widened sanctions against Iran for its alleged support for Russia in the war in Ukraine, including targeting the national seafaring company and ships used to transfer drones and missiles. Acting in tandem, the U.K. froze the assets of the Islamic Republic of Iran Shipping Line.

Foreign Minister Abbas Araghchi denied that Iran was aiding Russia and warned the sanctions would prompt Iran to retaliate. 

‘There is no legal, logical or moral basis for such behavior. If anything, it will only compel what it ostensibly seeks to prevent,’ Araghchi wrote on X.

‘Freedom of navigation is a basic principle of the law of the sea. When selectively applied by some, such shortsightedness usually tends to boomerang,’ Araghchi wrote.

The IAEA board is expected to move forward with a European-backed censure resolution, which could lead to the issue being escalated to the U.N. Security Council for possible measures against Tehran. 

That resolution would condemn Tehran’s lack of responsiveness and call for creating a comprehensive report of all open questions about Iran’s nuclear work. 

Iran has not formally decided whether to build a nuclear bomb, according to the latest available U.S. intelligence. But as of September 2024, Iran could produce weapons-grade uranium in about seven days and have enough for six to nine nuclear bombs within a month if it wanted to, according to David Albright at the Institute for Science and International Security.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump taps former acting AG Matthew Whitaker as NATO ambassador
next post
Lindsey Graham urges GOP not to form ‘lynch mob’ ahead of Gaetz confirmation

related articles

Hawley blasts FDA approval of new abortion drug,...

October 2, 2025

Trump’s DOGE savings dwarfed by Medicare, Social Security...

October 2, 2025

FLASHBACK: James Comey urged officials to always prosecute...

October 2, 2025

The agency staff Vought might recommend cutting and...

October 2, 2025

Reagan-appointed judge, once rebuked by Supreme Court, continues...

October 2, 2025

‘Real consequences’: Food aid, flood insurance, FEMA funds...

October 2, 2025

Trump must triple severely outdated nuke arsenal to...

October 2, 2025

White House says federal layoffs could hit ‘thousands’...

October 2, 2025

Johnson shuts door on negotiating shutdown deal as...

October 2, 2025

Democrats refuse to budge over Obamacare fight as...

October 2, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Former Hamas hostage details horrors of captivity, credits kidnapped IDF soldier with saving her life

    January 29, 2025
  • Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

    March 27, 2025
  • New book sheds light on Harris decision to pick Walz as her running mate over Shapiro: ‘Went with her gut’

    July 9, 2025
  • Republican Kevin Hern profits from UNH stock while overseeing Medicare policy

    July 18, 2024
  • Appeals court blocks Trump from firing federal board members, tees up Supreme Court fight

    April 7, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • It’s Elon Musk’s turn for a ‘fork in the road’ as Tesla faces Wall Street scrutiny

    April 23, 2025
  • Lone Biden official breaks silence on cognitive decline as cabinet stays mute

    May 29, 2025
  • House GOP campaign chair makes prediction for 2026 midterms: ‘Going to be on offense’

    December 19, 2024

Recent Posts

  • Pritzker trolls Trump by ‘renaming’ Lake Michigan as ‘Lake Illinois,’ joking he’d annex Green Bay

    February 8, 2025
  • Where Vance and Walz favorability ratings stand 60 days to Election Day

    September 5, 2024
  • ‘Masterclass’: Bondi flips script on Dem senator after suggesting she will weaponize DOJ

    January 15, 2025

Editor’s Pick

  • Trump Media Shares Jumped 18.5%.Will It Pass Key Resistance?

    October 10, 2024
  • DOJ releases Special Counsel Jack Smith’s report on investigation into Trump election interference case

    January 14, 2025
  • Trump or Harris? Israelis discuss presidential choice as war with Hamas, other terror groups continues

    September 7, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock