Downing Street warns Iran over breaching nuclear deal

Downing Street warns Iran over breaching nuclear deal

Meanwhile, Israeli Prime Minister Benjamin Netanyahu, who was a staunch opponent of the nuclear pact, called for worldwide sanctions to be reimposed immediately "should Iran deliver on its current threats". America's sanctions were aimed at bringing "maximum pressure" on Iran, and they're succeeding; the economic pain has driven Iran to demand that Europe provide some relief ASAP or else it'll quit the deal too.

Tensions between the US and Iran escalated Monday following reports that Tehran will cease to abide by restrictions implemented in the 2015 global agreement limiting its ability to produce nuclear weapons. "The regime's nuclear blackmail must be met with increased global pressure", he said.

Iran needs five per cent enrichment for its nuclear power plant in southern Iranian port of Bushehr and it also needs 20 per cent enrichment for a Tehran research reactor, the spokesperson said.

In Brussels on Monday, European Union foreign ministers said they were still looking for more information on who might be behind the incident involving the tankers.

Spokesman for the Atomic Energy Organization of Iran (AEOI), Behrouz Kamalvandi, said Monday. that Iran will surpass uranium stockpile limits under the JCPOA by June 27.

"Today we will start exceeding the enriched uranium stockpile limit of 300 kg".

A spokesman for Iran's atomic energy agency, Behrouz Kamalvandi, made the statement while speaking to reporters on state-operated television.

He also said after June 27 Iran will speed up its uranium enrichment activities beyond 3.67 percent.

Britain said if Iran exceeded the nuclear limits it would consider "all options".

Iran's low-enriched uranium hoard could grow beyond the deal's limit within 10 days, Kamalvandi said according to The NYT citing Iranian news agency Tasnim.

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But it added there was "still time" for European countries to act by protecting Iran from reinstated USA sanctions. "As long as Iran is fulfilling these criteria we should stick to this deal".

"As for the second stage, we are waiting for the government's decision".

Iran has also set a 60-day deadline for the remaining JCPOA parties to fulfill their undertakings.

When uranium is mined, it typically has about 140 atoms of this unwanted isotope for every atom of U-235. Ninety percent is considered weapons-grade material.

The Prime Minister's official spokesman said the United Kingdom position remained that it was "almost certain that the Iranian Revolutionary Guard corps attacked the two tankers". In fact, the European signatories have already created a financial mechanism called Instex that aims to enable trade with Iran while evading US sanctions - although, per the Atlantic, the USA has threatened to sanction Instex too.

"There is still time for the Europeans".

Tehran said in May it would reduce compliance with the nuclear pact it agreed with world powers in 2015, in protest at the United States' decision to unilaterally pull out of the agreement and reimpose sanctions previous year.

On Monday, Iran's Armed Forces Chief of Staff again denied the country's involvement in the attacks.

"For now, Iran remains within its nuclear commitments".

If instead the US allows Instex to trade with Iran without sanction, then the "maximum pressure" campaign has a giant loophole. Heavy water can be employed in reactors to produce plutonium, a fuel used in nuclear warheads.

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