"Iran will increase uranium enrichment levels"

Jun 17, 2019, 4:58 AM EDT
Iran's President Hassan Rouhani
(Source: freeimage4life/flickr)

After a partial retreat from the historic 2015 nuclear deal in May, Iran has announced next steps to scale back its nuclear compliance, a move that comes amid mounting tensions in the Gulf where a series of attacks on vessels has prompted recriminatory exchanges between Tehran and the U.S.

Iran, reeling with an ebbing economy and a depreciating currency since the U.S. pulled out of the nuclear accord in 2018, stopped complying with some elements of the Joint Comprehensive Plan of Action (JCPOA) in May, calling on the other signatories of the deal to renegotiate the terms, reports Al Jazeera.

Iranian atomic agency announced on Monday that Tehran will ramp up uranium enrichment “based on the country’s needs” and will breach the uranium stockpile cap set by the deal within the next 10 days.