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Bloomberg
Iran warned it will restore a mothballed reactor and step up enrichment if European nations fail to offer it economic guarantees by a July 7 deadline, escalating a crisis that threatens
to collapse the 2015 nuclear
accord and plunge the Gulf into renewed uncertainty.
“If you don’t meet all your commitments according to the timetable and plans, the Islamic Republic will restore the Arak reactor to its previous condition,†Iranian President Hassan Rouhani said in remarks addressed to European signatories to the agreement, Mehr news agency reported.
“Our level of enrichment will no longer be at 3.67 percent,†he said. “We put aside this commitment and will increase enrichment as we please.†Under the international deal struck four years ago, Iran had poured concrete into the heavy-water reactor at Arak, which was to be modernised so it couldn’t ease the path to a nuclear weapon.