Iran nuclear deal: Tehran may increase uranium enrichment

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Iran has suspended key commitments under the 2015 international nuclear deal, a year after it was abandoned by the US. Read more…

President Hassan Rouhani said he would keep enriched uranium stocks in the country rather than sell them abroad.

He also threatened to resume production of higher enriched uranium in 60 days.

The accord was aimed at curbing Iran’s nuclear ambitions in return for sanctions relief, but Iran-US tensions have risen since Washington quit.

Iran’s economy has since been hit by renewed US sanctions.

Iran informed the remaining parties to the deal – France, Germany, Russia, China and the UK – of its decision on Wednesday morning.

In response, French Defence Minister Florence Parly told French radio that the European powers were doing everything they could to keep the deal alive but there would be consequences and possibly sanctions if the deal was not adhered to.

Iran’s announcement comes after US Secretary of State Mike Pompeo made an unscheduled visit to Iraq, and a US aircraft carrier was deployed to the Gulf region.

US officials have reported threats to US forces and their allies from Iran, but have given few details about the exact nature of the threat.

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