Iran Escalates Uranium Enrichment Amid Stalled Diplomatic Efforts

Iran continues to enhance its uranium enrichment capabilities without improving cooperation with the U.N. nuclear watchdog, despite recent resolutions. The election of Iranian President Masoud Pezeshkian and the upcoming U.S. presidential election have stalled nuclear diplomacy. No progress has been made on long-standing issues, raising global concerns.

Iran's production of highly enriched uranium is ongoing, and cooperation with the U.N. nuclear watchdog has failed to improve, despite recent resolutions demanding this change, according to reports seen by Reuters on Thursday.

Following the resolution at last quarter's International Atomic Energy Agency (IAEA) meeting in June, nuclear diplomacy has seen minimal progress. This stagnation is attributed to the recent election of Iranian President Masoud Pezeshkian and the upcoming U.S. presidential election in November.

IAEA Director General Rafael Grossi expressed hope for a constructive dialogue with President Pezeshkian, aiming for swift, concrete results. However, the past quarter has witnessed no advancements on issues that have strained IAEA-Tehran relations, such as barring enrichment inspectors and unexplained uranium traces at undeclared sites.

Meanwhile, Iran has expanded its centrifuge capabilities at major enrichment sites, including Natanz and Fordow. The Islamic Republic's uranium stockpile, enriched up to 60% purity, has also grown, nearing weapon-grade levels. According to IAEA metrics, Iran's stock is theoretically enough for several nuclear bombs if further enriched, escalating global security concerns.

(With inputs from agencies.)