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82GEOPOLITICS

IAEA refers Iran to UN Security Council over nuclear breaches and reports construction at suspected site

⚡ Markets: Adds to the geopolitical risk premium on oil. A formal UNSC censure or further sanctions could provoke an escalatory response from Iran in the Strait of Hormuz or elsewhere.BrentWTIGold

The International Atomic Energy Agency (IAEA) has reported Iran to the UN Security Council for failing to comply with its nuclear nonproliferation commitments. The agency also noted construction activity at Pickaxe Mountain, a fortified site suspected of housing nuclear-related activities.

West MSM: noneNon-West Ind. 2Regional 55 countries
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