US threatens Iran with "further isolation and sanctions" after breach of uranium enrichment limit

US threatens Iran with "further isolation and sanctions" after breach of uranium enrichment limit
Published: 8 July 2019 - noon
By: Carla Sertin

After Iran announced on Sunday that it would surpass the limit on uranium enrichment, set at 3.67% by the 2015 nuclear deal, US Secretary of State tweeted that the "latest expansion of its nuclear program will lead to further isolation and sanctions."

As Iran says it will continue to breach the terms of the deal, European leaders are hoping to salvage it, but Iran says they were not able to provide economic relief from sanctions ahead of the July 7 deadline imposed by the nation.

The US dropped out of the nuclear agreement in 2018, and has slapped sanctions on Iran which have seen its oil exports crash by almost 90%. Although eight countries initially received waivers to continue importing oil from Iran, they expired in April 2019.

In June, OPEC nations produced a total of 29.6mn barrels per day of oil, a five-year low for the organisation, despite Saudi Arabia maintaining consistent production.

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