The media keeps the pressure up on Iran….it has jumped into the Neocon camp and dealing in false information……to illustrate their fanning the flames moment…..the headline was “Iran Thumbs It’s Nose At The Nuke Agreement”……
Iran is continuing to back away from its nuclear deal with world powers following US withdrawal over a year ago. On Tuesday, President Hassan Rouhani announced that uranium gas would be injected into centrifuges at the underground Fordo facility beginning Wednesday. A rep for the Atomic Energy Organization of Iran later said gas would be injected into 1,044 centrifuges with the goal to enrich uranium up to 4.5% concentration of U-235. The 2015 deal limits Iran to low-enriched uranium, with no more than 4% concentration. Iran actually agreed not to carry out enrichment at Fordo until 2031, per the BBC. “Trump’s complaint with the Iran accord was that key restrictions expired by 2030, but the net result of the recent announcements is that those restrictions are largely being thrown out now,” reports the New York Times.
Iran sees its move as a bargaining chip. It’s “reversible” if other signatories—the UK, France, Germany, China, and Russia—allow Iranian oil to be sold on foreign markets and relieve economic pressure from US sanctions imposed after Trump pulled out of the deal, Rouhani said. “Then we will stop feeding gas to the centrifuges.” He spoke a day after Iran announced it had doubled the number of advanced centrifuges at its larger Natanz facility, where enriched uranium is already being produced, per the Times. On Tuesday, the US State Department said Iran had “no credible reason to expand its uranium enrichment program, at the Fordo facility or elsewhere, other than a clear attempt at nuclear extortion.” Per the Times, “with the steps taken in recent weeks, Iran might be able to produce enough fuel for a single nuclear bomb in under a year.”
Please someone tell the world that none of thus would be news if Trump had not wanted to destroy a deal of the Obama administration……had nothing to do with the nuke thing but rather a popular Obama policy……it had to go.
Really? No”credible reason”? Maybe all the past war drum beating and threats from some slug in DC…..maybe they take threats seriously?
Iran is an oil exporting country…well it just got a shot to the arm…..
Iran has discovered a new oil field in the country’s south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country’s proven reserves by a third as it struggles to sell energy abroad over US sanctions. The announcement by Hassan Rouhani comes as Iran faces crushing American sanctions after the US pulled out of its nuclear deal last year. Rouhani said the field was located in Iran’s southern Khuzestan province, home to its crucial oil industry, reports the AP. Some 53 billion barrels would be added to Iran’s proven reserves of roughly 150 billion, he said. “I am telling the White House that in the days when you sanctioned the sale of Iranian oil and pressured our nation, the country’s dear workers and engineers were able to discover 53 billion barrels of oil in a big field,” Rouhani said.
Oil reserves refer to crude that’s economically feasible to extract. Figures can vary wildly by country due to differing standards, though it remains a yardstick of comparison among oil-producing nations. Iran currently has the world’s fourth-largest proven deposits of crude oil and the world’s second-largest deposits of natural gas. It shares a massive offshore field in the Persian Gulf with Qatar. The new oil field could become Iran’s second-largest field after one containing 65 billion barrels in Ahvaz. The field is 925 square miles, with the deposit some 260 feet deep, Rouhani said.
Just a thought
I Read, I Wrote, You Know
“Lego Ergo Scribo”
They should have kept quiet about that ‘new’ oil. I know someone who would like to get his hands on that…
Best wishes, Pete.
More cash to fight the sanctions…..chuq
Sanctions dis not stop North Korea. The question is what will Iran do after they get their bomb. Threaten to use it if the sanctions are not lifted. That seems to be where we stand with North Korea. Since sanctions do not seem to work, we ought to think about something else. The fact seems to be that more and more countries will be getting the bomb, if they want one. And sanctions do not prevent that.
In this world we have I understand those smaller countries that want to be treated fairly and they think a bomb will make it so….chuq