Vogon Today

Selected News from the Galaxy

Economic Scenarios

Why is Iran accumulating atomic material?

Why is Iran accumulating large amounts of atomic material? The International Atomic Energy Agency (IAEA) revealed that Iran has not provided any new answers regarding the nuclear material found in Tehran, noting the continuation of construction work at the Iranian military base in Parchin, where the Iran may have conducted explosive tests, that is, it would have tested a nuclear warhead

Iran has long denied UN inspectors access to the base and dismissed allegations about its nuclear program, while on Thursday it emerged that the country's highly enriched uranium stocks hit new records in the past three months, including anti-government protests.

Iran's recalcitrant stance in the investigation risks hindering negotiations between the country and the six world powers on a global agreement that would see Iran restrict its nuclear activities in exchange for easing economic sanctions. This therefore means that Iran will not easily re-enter the nuclear deal and will be able to freely export its oil, since it cannot explain the presence of this atomic material.

The Biden administration has tried to return to mutual respect for the 2015 nuclear deal with Iran, but also said it is "preparing for a world where there is no return."

“Not our favorite choice. Every day that passes is a day when we come to the conclusion that they have no plans for a return to the JCPOA any time soon, ”said an official, who informed CNN reporters by telephone, referring to the lack of compliance.

Among the main demands of Iran is to allow the free export of its crude oil. Former Iranian Oil Minister Bijan Namdar Zanganeh said his biggest dream has always been to increase Iranian oil production to six million barrels a day, to earn $ 2 trillion in oil exports over the next few years. two decades and to use the revenues to invest in the development of the country.

It is not certain that Iran can pump that much oil, considering that foreign investors have mostly remained away from the Iranian economy in the four decades since the founding of the Islamic Republic, despite China's large investments and technological collaboration with the Russia.


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The article Why is Iran accumulating atomic material? comes from Economic Scenarios .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/perche-liran-sta-cumulando-materiale-atomico/ on Fri, 11 Nov 2022 09:00:53 +0000.