Refusing to comply with President Trump, Iran security chief rejects transfer of nuclear materials out of the country
Landon Capital News
Iran will not allow enriched uranium material to leave the country, top security official Mohsen Rezaei has said, potentially dampening hopes for a de-escalation in tensions with the United States.
Citing an interview with a Lebanese television outlet, Al Jazeera reported Rezaei stressed that Tehran would continue reject an American ceasefire proposal which would see Iran transfer its stockpile of enriched uranium to a third country.
Iran had informed Russia of the decision, Rezaei noted. Previously, Russia has offered to take in and store the enriched uranium.
Oil prices ticked higher on Wednesday following Rezaei’s comments, after crude touched two-month lows in the prior session.
Markets have been wagering that the U.S. will move to ratchet down the war with Iran in the wake of last week’s midterm elections. Democrats routed President Donald Trump’s Republicans in several statewide races, with voters often highlighting frustration that the Iran conflict has contributed to a sharp rise in gasoline prices and elevated inflation overall.
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