Overview

• Berlin, Paris and London filed a letter to the UN Security Council that activates a 30-day process after which previously lifted UN measures automatically return if no sustaining resolution passes.
• The measures slated to come back include a general arms embargo, prohibitions on nuclear and other dual-use transfers, tighter financial restrictions, asset freezes and travel bans.
• The IAEA has flagged large stocks of roughly 60% enriched uranium — over 400 kilograms before June — and says inspector access remains curtailed, with important sites still inaccessible.
• Tehran condemned the action as unlawful and warned cooperation with the IAEA could be reduced, while the rial slumped to record lows on the free market as prices climbed.
• The United States welcomed the step, Russia and China are expected to push against reactivation at the UN, and a Council session requested by France and the UK is set for Friday as the JCPOA approaches its October expiry.