IAEA's Grossi says there has been no evidence of Iran building a nuclear bomb; Iran's large stockpile of near-weapons grade enriched Uranium and refusal to grant IAEA full access are cause for serious concern

Context

The IAEA's Grossi indicated that while there’s no direct evidence of Iran constructing a nuclear bomb, the large stockpile of near-weapons grade enriched uranium and lack of full IAEA access raise significant alarm. This situation could heighten geopolitical tensions, potentially impacting energy markets, especially oil prices, as concerns about stability in the region may drive up WTI and other commodities.

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