Iran told European powers on Monday it would further reduce compliance with its ...
GENEVA - Iran told European powers on Monday it would further reduce compliance with its 2015 nuclear deal in about a month’s time if they were still failing to protect it from crippling U.S. sanctions, reimposed after Washington exited the deal.
Iran has threatened to block all energy exports out of the Strait of Hormuz, through which a fifth of global oil traffic passes, if it is unable to sell oil as promised by the 2015 deal in exchange for curbing its uranium enrichment program. The deal - designed to forestall Iran making high-enriched uranium suitable for nuclear bombs in short order - permitted a maximum reserve of 300 kilograms of low-enriched uranium. It also set a cap of 130 tonnes of heavy water, which in large quantities can yield plutonium, an alternative atom bomb fuel.
The deal set an enrichment ceiling of 3.67%, the level deemed as appropriate for electricity generation and far below the 90% of weapons grade, though 20% would mark a big advance significantly reducing the time needed to yield bomb material. Oil tanker traffic through the Strait of Hormuz has become the focus for the increasingly tense U.S.-Iranian standoff and the Trump administration has beefed up its military presence in the Gulf since May.
“Iran used to forgo some maritime offences in ... Gulf but will never close eyes anymore,” Foreign Minister Mohammad Javad Zarif told a televised news conference in Tehran.Zarif also criticized U.S. sanctions imposed on him on Wednesday, saying Washington had slammed the door to any diplomacy to salvage the 2015 nuclear deal.
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