IAEA Announces Iran Increased Uranium Output

Bloomberg reported Iran maintained its output of enriched uranium that world powers say may eventually be used for nuclear weapons, according to the International Atomic Energy Agency.

As quoted in the market news:

Iran’s stockpile of medium-enriched uranium grew 31 percent to 189.4 kilograms (417.6 pounds) from 145 kilograms in May, the IAEA said today in an 11-page restricted report. The Persian Gulf country had raised production of the 20 percent enriched material by a third in the three-month period ending May 25.

Click here to read the full Bloomberg report.