 |
Louisiana Light • 2 days | 81.18 | +0.12 | +0.15% | ||
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% | ||
|
Mars US • 266 days | 75.97 | -1.40 | -1.81% | ||
|
Gasoline • 6 hours | 2.461 | -0.007 | -0.29% |
|
Bonny Light • 29 days | 86.00 | -0.62 | -0.72% | ||
|
Girassol • 29 days | 87.27 | -0.38 | -0.43% | ||
|
Opec Basket • 2 days | 81.37 | -0.08 | -0.10% |
|
Peace Sour • 13 hours | 72.28 | +0.69 | +0.96% | ||
|
Light Sour Blend • 13 hours | 72.28 | +0.69 | +0.96% | ||
|
Syncrude Sweet Premium • 13 hours | 79.18 | +0.89 | +1.14% | ||
|
Central Alberta • 13 hours | 72.28 | +0.69 | +0.96% |
|
Eagle Ford • 3 days | 74.07 | +0.63 | +0.86% | ||
|
Oklahoma Sweet • 2 days | 75.00 | +2.00 | +2.74% | ||
|
Kansas Common • 3 days | 67.75 | +0.50 | +0.74% | ||
|
Buena Vista • 4 days | 83.27 | -2.82 | -3.28% |
Breaking News:
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Confidential Report Reveals Iran Is Still Enriching Uranium
Iran is still enriching uranium, a report by the International Atomic Energy Agency seen by Reuters has revealed.
"On 28 August 2022, the Agency verified at FEP that Iran was feeding UF6 enriched up to 2% U-235 into the IR-6 cascade ... for the production of UF6 enriched up to 5% U-235,” according to the report.
The report, which is confidential, comes as Iran and the United States move towards a new nuclear deal that would force Iran to cap enrichment rates at 3.67 percent purity, Reuters writes, to make sure it does not produce weapons-grade uranium.
Iran’s president, Ebrahim Raisi, said on Monday that if a deal is to be sealed, the IAEA must first complete its investigation into “safeguards issues” related to the discovery of nuclear particles at several Iranian sites.
“Without resolving safeguards issues, talking about an agreement would be meaningless,” Raisi said at a news conference, as quoted by Al Jazeera.
The completion of the IAEA probe was one of Iran’s demands for a deal to be possible. The U.S., on the other hand, insisted that Iran must first answer to questions raised by the IAEA. According to a recent report by Reuters, there may be a middle way and it involves a postponement of a final deal.
Citing unnamed sources, Reuters reported this week that Iran’s refusal to commit to any deals before the safeguards issue probes are completed postpones “the fundamental question of whether the IAEA will close them and whether Iran might go ahead with the wider deal if not,” according to one of the sources.
"Iran originally had wanted a commitment that the IAEA would complete the agency's safeguards investigations by a date certain," a U.S. official told Reuters, noting the U.S. had been against such a commitment.
"Iran came back and stated that if the safeguards issues were not resolved by Re-Implementation Day, they would reserve the right not to take the steps to curb their nuclear program slated to occur on that date," the official also said.
By Irina Slav for Oilprice.com
More Top Reads From Oilprice.com:
- The Global Gas Crisis Is Spilling Into The United States
- Japan Is Eyeing A Historic Return To Nuclear Energy
- How Will Iran’s Return To Oil Markets Impact Prices?
Irina Slav
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.
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