Iran has produced a stockpile of nuclear fuel, says IAEA report

Iran has produced a stockpile of nuclear fuel, says IAEA reportIran has now produced a stockpile of nuclear fuel that experts say would be enough, with further enrichment, to make two nuclear weapons, a United Nations Security Council (UNSC) report revealed on Monday.

Iran has now produced over 5,300 pounds of low-enriched uranium, all of which would have to undergo further enrichment before it could be converted to bomb fuel, the inspectors reported on Monday.

Iran had expanded work at its sprawling Natanz site in the desert, where it is raising the level of uranium enrichment up to 20 percent, the level needed for the Tehran Research Reactor, which produces medical isotopes for cancer patients, the inspectors further reported.

The International Atomic Energy Agency (IAEA) report will bolster the Obama administration's case for a fourth round of economic sanctions against Iran and further diminish its interest in a deal, recently revived by Turkey and Brazil, in which Iran would send a portion of its nuclear stockpile out of the country.

Iran has expanded work at one of its nuclear sites. It also describes, step by step, how inspectors have been denied access to a series of facilities, and how Iran has refused to answer inspectors' questions on a variety of activities, including what the agency called the "possible existence" of "activities related to the development of a nuclear payload for a missile," says the toughly worded report, New York Times has reported.

The report "clearly shows Iran's continued failure to comply with its international obligations and its sustained lack of cooperation with the I. A. E. A," White House spokesman Michael Hammer said in a statement on Monday. (With Inputs from Agencies)