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Search resuls for: "Bushehr Nuclear Power"


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Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.
Persons: CNN —, Israel, Israel didn’t, , , Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr
In 2022, oil flow in the Strait of Hormuz averaged 21 million barrels per day, according to the U.S. Energy Information Administration (EIA). Saul Kavonic, senior research analyst at MST Financial, said supply disruptions along the Strait of Hormuz could send oil prices significantly higher. Oil prices traded more than 3% on Monday, extending gains even after notching their sharpest weekly gain since early 2023 last week. "But seeing where the oil price sits right now the market doesn't seem to hold much probability for such a development at all," he added. "A significant disruption to these flows would be enough to push oil prices to new record highs, surpassing the record high of close to $150/bbl in 2008," he added.
Persons: Alan Gelder, Wood Mackenzie, CNBC's, Iraq —, Gelder, Saul Kavonic, Kavonic, Bjarne Schieldrop, SEB, Brent, Schieldrop, Warren Patterson, Patterson Organizations: Nurphoto, U.S . Energy Information Administration, Energy, Brent, U.S, West Texas, ING, bbl, United Arab Emirates, Space Shuttle Columbia Locations: Persian, Bushehr, Iran, Hormuz, Oman, Strait, Israel, Saudi Arabia, Kuwait, Iraq, UAE, Gulf, Muscat
Iran, which is a member of OPEC, is a major player in the global oil market. It's estimated that as much as 4% of global supply could be at risk if Israel targets Iran's oil facilities. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short. watch nowTamas Varga, an analyst at oil broker PVM, told CNBC via email on Thursday that the oil market was pricing in some risk premium given the geopolitical concerns. These fears, however, will be greatly alleviated in [the] coming days unless oil supply from the region or traffic through the Strait of Hormuz are materially impacted," he added.
Persons: Fatemeh, Goldman Sachs, SEB, Jeff Currie, Carlyle, CNBC's, it's, Currie, we've, Amrita Sen, We've, Sen, Joe Biden, Biden, Tamas Varga, " Varga, Benjamin Netanyahu, Masoud Pezeshkian Organizations: Anadolu, Getty, Energy, OPEC, Brent, U.S, West Texas, CNBC, White House, Islamic Revolutionary Guard Corps, Persian, Nurphoto Locations: Isfahan Refinery, Iran, Isfahan, Israel, Swedish, backwardation, bearishness, U.S, Hormuz, Oman, Tehran, Qatar, Persian, Bushehr, Bushehr province
CNN —Iran has reduced its stockpile of near weapons-grade uranium in the months since October 2023, according to a confidential report from the International Atomic Weapons Agency (IAEA) viewed by CNN on Tuesday. In October, Iran possessed 128.3 kilograms (282.9 pounds) of uranium enriched to approximately 60%, the highest level documented by the IAEA. By February, the stockpile had been reduced to 121.5 kilograms, according to the report. Iran reduced the quantity of near weapons-grade uranium by mixing 31.8 kilograms of the stockpile with uranium enriched to a much lower level, around 2%, according to the report. However, while Iran had reduced its stockpile of near weapons-grade uranium, the report also noted a steady increase in stocks of uranium enriched to 20%.
Persons: IAEA Rafael Grossi, Donald Trump, Eric Brewer, Ben Taleblu, Majid Asgaripour, they’ve, ” Brewer, Brewer, Taleblu, , ” Taleblu, Matthew Miller, Yemen’s Houthi Organizations: CNN, International Atomic Weapons Agency, IAEA, Center for Arms Control, United, Experts, Nuclear Threat Initiative, Foundation for Defense of Democracies, Governors, US State Department, American Locations: Iran, Bushehr, Israel
The announcement put the spotlight on the kingdom's nascent nuclear energy efforts — Saudi Arabia has a small nuclear reactor, a research unit set up with the help of Argentina, that it has not yet put into operation. The Saudi energy minister did not comment on whether his country would also join the IAEA's Additional Protocol, which requires more thorough oversight including snap inspections. Saudi Crown Prince Mohammed bin Salman said in a recent wide-ranging interview with Fox News that if Iran developed nuclear weapons, Saudi Arabia would too. U.S. assistance with a nuclear energy program is one of Saudi Arabia's key demands — but not everyone is happy about that. The multilateral Obama-era deal had allowed the lifting of economic sanctions on Iran in exchange for curbs to its nuclear program.
Persons: Crown Prince Mohammed bin Salman, Al, Mandel Ngan, Prince Abdulaziz bin Salman Al Saud, Rafael Grossi, Thomas Kronsteiner, Grossi, Saud, Prince Abdulaziz's, Prince Mohammed bin Salman, Mohammed bin Salman's, Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Joe Biden, Narendra Modi, Evelyn Hockstein, Yair Lapid, Donald Trump, ATTA KENARE Organizations: Saudi, Crown, AFP, Getty Images, International Atomic Energy Agency, IAEA, Saudi Energy, Governors, CSA, United, Fox News, CBS, West, Saudi Arabian Crown, Indian, Biden, Obama, Iranian, Getty Locations: Royal, Saudi, Jeddah, Getty Images Saudi Arabia, Vienna, Austria, Saudi Arabia, Argentina, United Arab Emirates, Iran, Russia, Ukraine, China, New Delhi, India, Riyadh, Washington, Israel, Tehran, Bushehr
The Biden administration went from encouraging negotiations on reviving the Iranian nuclear deal to levying more sanctions on Tehran and condemning it for providing lethal weapons and training to Russian forces fighting in Ukraine. Iran's Foreign Ministry denies knowing about Iranian weapons transfers to Russia, despite evidence of Iranian-made drones wreaking havoc on Ukrainian cities. Sergei Savostyanov | AFP | Getty Images"2023 is going to be a pivotal year for Iran," Ali Vaez, Iran project director at non-profit Crisis Group, told CNBC. The nuclear deal: too far gone? Ukraine has blamed Iran for providing Russia with drones, which have been used to attack Kyiv.
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