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yesterday

Iran Suspends IAEA Oversight and Offers Uranium Swap for Yellowcake

International experts warn that Tehran could restart uranium enrichment in months despite suspended IAEA oversight, with a missing 400 kg stockpile raising fresh concerns.

A satellite overview shows a closer view of excavators at tunnel entrances at the Fordow Fuel Enrichment Facility, amid the Iran-Israel conflict, near Qom, Iran, June 27, 2025. Maxar Technologies/Handout via REUTERS/File Photo
A satellite view shows an overview of Fordow underground complex, after the U.S. struck the underground nuclear facility, near Qom, Iran June 22, 2025. MAXAR TECHNOLOGIES/Handout via REUTERS/File Photo
IAEA chief Rafael Grossi's comments appear to support an early assessment from the Pentagon’s Defense Intelligence Agency.

Overview

  • Iran’s parliament has suspended cooperation with the IAEA, banned its director general from nuclear sites and ordered the removal of surveillance cameras.
  • Iran’s UN ambassador, Amir-Saeid Iravani, has offered to send its existing stockpiles of 20% and 60% enriched uranium abroad in exchange for yellowcake.
  • Tehran has endorsed a proposal to establish a regional nuclear fuel-supply consortium, insisting any arrangement must complement its right to domestic enrichment.
  • IAEA Director General Rafael Mariano Grossi has warned that Iran could resume uranium enrichment in a matter of months and stressed the need to clarify the whereabouts of roughly 400 kg of 60% enriched uranium.
  • US Secretary of State Marco Rubio condemned calls in Iran for the arrest or execution of the IAEA chief and urged Tehran to guarantee the safety and security of its inspectors.