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IAEA chief Grossi says some of the rest of Iran's uranium enriched to up to 60% may be at Natanz, but it is mostly located in Isfahan

Newsquawk Staff ·

IAEA chief Grossi says some of the rest of Iran's uranium enriched to up to 60% may be at Natanz, but it is mostly located in Isfahan.

What it means

IAEA's Grossi's comments on Iran's uranium enrichment indicate that tensions surrounding nuclear developments are significant, especially with enriched uranium levels nearing weapons-grade. This could heighten geopolitical risks, potentially impacting oil prices and energy market stability, particularly in WTI as traders reassess supply outlooks in light of heightened conflict risks.

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