Iran Will Limit Uranium Supply

SMH reported Iran is considering stopping its production of highly enriched uranium temporarily putting worries about the country’s nuclear capabilities to rest.

As quoted in the market news:

Fereydoun Abbasi, head of Iran’s Atomic Energy Organisation, said in an Iranian TV interview that the country wanted only enough 20 per cent-enriched uranium for its medical needs.

The US and its European allies are worried Iran could refine the 20 per cent-enriched uranium it is producing into weapons-grade fuel for a nuclear bomb in a matter of months.

Click here to read the full SMH report.