Overview

• Iran’s U.N. ambassador announced Tehran would ship its 20% and 60% enriched uranium stocks abroad in return for yellowcake under IAEA oversight.
• About 400 kilograms of near-weapons-grade uranium enriched to 60% purity remains missing, and its whereabouts have not been confirmed by the IAEA.
• Tehran offered to join a regional nuclear consortium to supply civilian reactor fuel and establish safety standards, ensuring the effort complements its domestic enrichment program.
• The announced package is explicitly tied to the removal of international sanctions and protection of Iran’s right to sovereign uranium production.
• New parliamentary legislation restricting IAEA cooperation has raised doubts about Tehran’s transparency, though officials maintain Iran will remain in the Non-Proliferation Treaty.