Iran Oil Minister Visits Key Oil Terminal amid Israel Strike Fears

Iranian Oil Minister Mohsen Paknejad (L) welcomes Russian Prime Minister Mikhail Mishustin (R) upon his arrival at the Mehrabad International Airport in Tehran, Iran, 30 September 2024. EPA/DMITRY ASTAKHOV
Iranian Oil Minister Mohsen Paknejad (L) welcomes Russian Prime Minister Mikhail Mishustin (R) upon his arrival at the Mehrabad International Airport in Tehran, Iran, 30 September 2024. EPA/DMITRY ASTAKHOV
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Iran Oil Minister Visits Key Oil Terminal amid Israel Strike Fears

Iranian Oil Minister Mohsen Paknejad (L) welcomes Russian Prime Minister Mikhail Mishustin (R) upon his arrival at the Mehrabad International Airport in Tehran, Iran, 30 September 2024. EPA/DMITRY ASTAKHOV
Iranian Oil Minister Mohsen Paknejad (L) welcomes Russian Prime Minister Mikhail Mishustin (R) upon his arrival at the Mehrabad International Airport in Tehran, Iran, 30 September 2024. EPA/DMITRY ASTAKHOV

Iran's Oil Minister Mohsen Paknejad landed on Kharg island, the oil ministry's news website Shana reported on Sunday, amid concerns that Israel could target Iran's largest oil terminal there.
An Israeli military spokesman said on Saturday that Israel would retaliate, following last week's missile attack by Tehran, "when the time is right."

Following Iran's attack, Axios cited Israeli officials as saying that Iran's oil facilities could be hit in response. US President Joe Biden said on Friday that he did not think Israel had yet concluded how to respond.

"Paknejad arrived this morning in order to visit the oil facilities and meet operational staff located on Kharg island," Shana reported, adding that the oil terminal there has the capacity to store 23 million barrels of crude.

China, which does not recognize US sanctions, is Tehran's main client and according to analysts imported 1.2 to 1.4 million barrels per day from Iran in the first half of 2024.



Iran to Launch 'Advanced Centrifuges' in Response to IAEA Censure

Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
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Iran to Launch 'Advanced Centrifuges' in Response to IAEA Censure

Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP
Western countries successfully moved a resolution at the IAEA to censure Iran over its nuclear program - AFP

Iran said Friday it would launch a series of "new and advanced" centrifuges in response to a resolution adopted by the UN nuclear watchdog that censures Tehran for what the agency called lack of cooperation.

The censure motion brought by Britain, France, Germany, and the United States at the 35-nation board of the International Atomic Energy Agency (IAEA) follows a similar one in June.

It came as tensions run high over Iran's atomic program, with critics fearing that Tehran is attempting to develop a nuclear weapon -- a claim the Islamic Republic has repeatedly denied.

The resolution -- which China, Russia and Burkina Faso voted against -- carried with 19 votes in favor, 12 abstentions and Venezuela not participating, two diplomats told AFP.

"The head of the Atomic Energy Organization of Iran issued an order to take effective measures, including launching a significant series of new and advanced centrifuges of various types," a joint statement by the organization and Iran's foreign ministry said.

Centrifuges are the machines that enrich uranium transformed into gas by rotating it at very high speed, increasing the proportion of fissile isotope material (U-235).

"At the same time, technical and safeguards cooperation with the IAEA will continue, as in the past" and within the framework of agreements made by Iran, the joint Iranian statement added.

Behrouz Kamalvandi, Iran's atomic energy organization spokesman, on Friday said the new measures are mostly related to uranium enrichment.

"We will substantially increase the enrichment capacity with the utilisation of different types of advanced machines," he told state TV.

Iran's retaliatory measures "are reversible if this (Western) hostile action is withdrawn or negotiations are opened," Tehran-based political analyst Hadi Mohammadi told AFP.

- 'Legal obligations' -

The confidential resolution seen by AFP says it is "essential and urgent" for Iran to "act to fulfil its legal obligations" under the Non-Proliferation Treaty (NPT) ratified in 1970.

The text also calls on Tehran to provide "technically credible explanations" for the presence of uranium particles found at two undeclared locations in Iran.

In addition, Western powers are asking for a "comprehensive report" to be issued by the IAEA on Iran's nuclear efforts "at the latest" by spring 2025.

The resolution comes after the IAEA's head Rafael Grossi returned from a trip to Tehran last week, where he appeared to have made headway.

During the visit, Iran agreed to an IAEA demand to cap its sensitive stock of near weapons-grade uranium enriched up to 60 percent purity.

- 'Cycle of provocation' -

"Iran did not start the cycle of provocation -- the Western side could, without passing a resolution... create the atmosphere for negotiations if it really was after talks," the analyst Mohammadi said.

In 2015, Iran and world powers reached an agreement that saw the easing of international sanctions on Tehran in exchange for curbs on its nuclear program.

But the United States unilaterally withdrew from the accord in 2018 under then-president Donald Trump and reimposed biting economic sanctions, which prompted Iran to begin rolling back on its own commitments.

On Thursday, Iran's deputy foreign minister for legal and international affairs Kazem Gharibabadi warned of Iran's potential next step.

"Iran had announced in an official letter to European countries that it would withdraw from the NPT if the snapback mechanism was activated, and the Security Council sanctions were reinstated," Gharibabadi said in a late-night interview with state TV.

The 2015 deal contains a "snapback" mechanism that can be triggered in case of "significant non-performance" of commitments by Iran.

This would allow many sanctions to be reimposed.

Tehran has since 2021 decreased its cooperation with the agency by deactivating surveillance devices monitoring the nuclear program and barring UN inspectors.

At the same time, it has ramped up its nuclear activities, including by increasing its stockpiles of enriched uranium and the level of enrichment to 60 percent.

That level is close, according to the IAEA, to the 90 percent-plus threshold required for a nuclear warhead and substantially higher than the 3.67 percent limit it agreed to in 2015.