Energy

CNBC reported Iran is planning new nuclear initiatives in talks regarding its nuclear program.

CNBC reported Iran is planning new nuclear initiatives in talks regarding its nuclear program.

As quoted in the market news:

Iran’s nuclear chief, Fereidoun Abbasi said Tehran could eventually stop its production of the 20 percent enriched uranium needed for a research reactor, used for medical research and treatments. He said Iran would continue enriching uranium to lower levels of about 3.5 percent for power generation.

Earlier this week the head of the Iranian parliament’s influential foreign policy committee, Alaeddin Boroujerdi, said Tehran’s negotiators are open to proposals but described the overall issue of uranium enrichment as “nonnegotiable.”

Click here to read the full CNBC report.

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