European Source to Asharq Al-Awsat: IAEA, Tehran Have Made Little Progress 

This satellite photo from Planet Labs PBC shows Iran's Natanz nuclear site near Natanz, Iran, on April 14, 2023. (Planet Labs PBC via AP)
This satellite photo from Planet Labs PBC shows Iran's Natanz nuclear site near Natanz, Iran, on April 14, 2023. (Planet Labs PBC via AP)
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European Source to Asharq Al-Awsat: IAEA, Tehran Have Made Little Progress 

This satellite photo from Planet Labs PBC shows Iran's Natanz nuclear site near Natanz, Iran, on April 14, 2023. (Planet Labs PBC via AP)
This satellite photo from Planet Labs PBC shows Iran's Natanz nuclear site near Natanz, Iran, on April 14, 2023. (Planet Labs PBC via AP)

The International Atomic Energy Agency (IAEA) and Iran have made little progress over the latter’s nuclear program, a European source told Asharq Al-Awsat.

Iran is advancing its program at a "rapid and alarming pace", it added.

In spite of the progress that IAEA Director-General Rafael Mariano Grossi had spoken of, the "signs overall are not encouraging," continued the source.

Grossi warned on Monday that cooperation with Iran on better monitoring its nuclear program was "very slow", saying while some cameras and other equipment had been installed again "a lot more" needed to be done.

In March, Iran agreed to reconnect surveillance cameras at several nuclear sites almost a year after they were turned off, as Tehran has stepped up its atomic program despite a landmark 2015 deal.

The deal -- curbing Iran's nuclear program in exchange for sanctions relief -- started to fall apart in 2018 when the US unilaterally withdrew from it and reimposed sanctions. Efforts to revive it have been fruitless so far.

Grossi said "implementing a number of voluntary additional monitoring and verification measures" as agreed in March was "going very slow".

"There is a lot more that needs to be done... We need to go faster," he told reporters after opening a regular meeting of the 35-member board of governors of the IAEA.

Earlier in his statement to the board, he said "some progress has been made, but not as much as I had hoped", adding that what had been done so far was "a fraction of what we envisaged".

In a report to the board, seen by AFP last week, the IAEA noted that Iran has significantly increased its stockpile of enriched uranium in recent months, continuing its nuclear escalation.

The agency, however, noted progress in its cooperation with Iran in a separate report saying it has decided to, for now, close the file on nuclear material at an undeclared site.

The issue of the material found at Marivan in Abedeh county has long exacerbated relations between the two parties.

Grossi said Iran's explanation -- that the particles could be from Soviet-era mining conducted there -- was "plausible, not impossible".

The IAEA previously assessed that "there have been a number of explosives experiments in the past", he reiterated.

When asked about criticism of Iran arch-foe Israel on closing the file, Grossi insisted his agency had not bowed to any pressures.

"We never, ever water down our standards, we stand by our standards," he said, describing the IAEA as "fair but firm".



US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
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US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP

US Treasury Secretary Scott Bessent unveiled Monday what he described as an "economic D-Day" that aims to give a final warning to countries to sever their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system.

"We are launching an economic onslaught against Iran’s financial connections around ⁠the globe. Our ⁠objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone," Bessent said.

He added that it’s “no longer acceptable to operate in the gray spaces” of the conflict.

He did not name what countries could face potential secondary sanctions from the United States.

“Let there be no ambiguity as to the position of the United States,” Bessent told a news conference. “An economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.”

The US Treasury Department has mapped the networks, facilitators, and financial channels that Iran uses to smuggle oil and evade sanctions and said that Washington would be working with US partners to target any source of Iran's "illicit revenue."

The department said it has issued determinations against five sectors -- digital assets, technology, gold, ⁠aviation and shipping -- that the Iranian government is using to prop up its economy. The Treasury has also imposed sanctions on nearly 60 entities, individuals and vessels.

US President Donald Trump's war with Iran, which has pushed energy prices higher worldwide, is about to hit its six-month mark. While heavy fighting has ‌subsided, diplomatic efforts to end the war have stalled and oil and raw material shipping through the Strait of Hormuz ⁠remains blocked, ⁠keeping energy prices elevated.


Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
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Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)

President Donald Trump said Monday that Iran is "collapsing" hours before the US government was set to announce details of what it says will be crushing sanctions against Tehran.

"IRAN IS COMPLETELY COLLAPSING!!!" Trump posted in his trademark all-caps style on his social media platform Truth Social.

“President Trump decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher,” US Treasury Secretary Scott Bessent wrote Sunday in an opinion piece in the Financial Times.

“The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.”


Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
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Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)

Crown Prince Haakon visited his father King Harald of Norway on Monday at the hospital, after the king's health deteriorated over the weekend, public broadcaster NRK reported.

The 89-year-old monarch, who has been on sick leave for several weeks, was admitted to the National Hospital a week ago. He is now receiving antibiotics for a bacterial blood infection and has responded to treatment, the royal palace said late Sunday, adding that his condition is stable.

Haakon, has been serving as regent during that time, The Associated Press quoted the palace as saying.

The king has hemolytic anemia and was being treated with cortisone, leading to fluid accumulation in the body that required hospital treatment, the palace said last week.

Norway's prime minister sent his wishes for the king and said that “all of Norway is following and thinking about the king,” NRK reported.

“My strong wish is that he continues to receive good treatment from the good healthcare system we have,” Prime Minister Jonas Gahr Støre said.

Harald, who has been monarch since 1991, has been in and out of the hospital several times in recent years.

In February, he was admitted to a hospital in Spain’s Canary Islands during a winter vacation for treatment for a skin infection.

Two years ago, the king fell ill during a private vacation with the queen in Malaysia and received a temporary pacemaker there. Harald returned aboard a medical airplane to Norway, where he was fitted with a permanent pacemaker.