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The Darkhovin Nuclear Power Plant is a planned nuclear power plant located about 70 kilometres south of Ahvaz, Iran at the Karun river, as part of its nuclear program of Iran. The nuclear power plant will be operational under a pressurised water reactor system

Iran starts construction on $2 billion new nuclear power plant

The Darkhovin Nuclear Power Plant is a planned nuclear power plant located about 70 kilometres south of Ahvaz, Iran at the Karun river, as part of its nuclear program of Iran. The nuclear power plant will be operational under a pressurised water reactor system

Iran on Saturday began construction on a new nuclear power plant in the country's southwest, Iranian state TV announced, amid tensions with the US over sweeping sanctions imposed after Washington pulled out of the Islamic Republic's nuclear deal with world powers.
 The announcement also comes as Iran has been rocked by nationwide anti-government protests that began after the death of a young woman in police custody and have challenged the country's theocratic government.
 The new 300-megawatt plant, known as Karoon, will take eight years to build and cost around USD 2 billion, the country's state television and radio agency reported. The plant will be located in Iran's oil-rich Khuzestan province, near its western border with Iraq, it said.
 The construction site's inauguration ceremony was attended by Mohammed Eslami, head of Iran's civilian Atomic Energy Organisation, who first unveiled construction plans for Karoon in April.
Also Watch| <a href="https://www.editorji.com/world-news/iran-protests-military-reveals-how-many-people-killed-so-far-official-death-toll-below-ngo-estimates-1669711184579">Iran protests: military reveals how many people killed so far; 'official' death toll below NGO estimates</a> Iran has one nuclear power plant at its southern port of Bushehr that went online in 2011 with help from Russia, but also several underground nuclear facilities.
 The announcement of Karoon's construction came less than two weeks after Iran said it had begun producing enriched uranium at 60 per cent purity at the country's underground Fordo nuclear facility. The move is seen as a significant addition to the country's nuclear program.
 Enrichment to 60 per cent purity is one short, technical step away from weapons-grade levels of 90 per cent. Non-proliferation experts have warned in recent months that Iran now has enough 60 per cent-enriched uranium to reprocess into fuel for at least one nuclear bomb.
 The move was condemned by Germany, France and Britain, the three Western European nations that remain in the Iran nuclear deal. Recent attempts to revive Iran's 2015 nuclear deal, which eased sanctions on Iran in exchange for curbs on its nuclear program, have stalled.

 Iran submits a 'written response' in nuclear deal talks

There was no immediate acknowledgment from the EU that Iran submitted its response. The EU has been the go-between in the indirect talks on the Iran nuclear deal.

Iran said Tuesday it submitted a &ldquo;written response&rdquo; to what has been described as a final roadmap to restore its tattered nuclear deal with world powers.
Iran's state-run IRNA news agency offered no details on the substance of its response, but suggested that Tehran still wouldn't take the European Union-mediated proposal, despite warnings there would be no more negotiations.
&ldquo;The differences are on three issues, in which the United States has expressed its verbal flexibility in two cases, but it should be included in the text,&rdquo; the IRNA report said. &ldquo;The third issue is related to guaranteeing the continuation of (the deal), which depends on the realism of the United States.&rdquo; Tehran under hard-line President Ebrahim Raisi has repeatedly tried to blame Washington for the delay in reaching an accord. Monday was reported to have been a deadline for Iran's response.
There was no immediate acknowledgment from the EU that Iran submitted its response. The EU has been the go-between in the indirect talks.
From Washington, State Department spokesman Ned Price said the U.S. would share its own response to the EU.
&ldquo;We do agree, however, with (the EU's) fundamental point, and that is that what could be negotiated has been negotiated,&rdquo; Price said.
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He added that Iran had been making &ldquo;unacceptable demands&rdquo; going beyond the text of the 2015 nuclear deal, which saw Iran drastically limit its enrichment of uranium in exchange for the lifting of economic sanctions.
&ldquo;If Iran wants these sanctions lifted, they will need to alter their underlying conduct," Price said. "They will need to change the dangerous activities that gave rise to these sanctions in the first place.&rdquo;

Iran&rsquo;s hard-line judiciary chief, Ebrahim Raisi, won the country&rsquo;s presidential election in a landslide victory on Saturday. Raisi took an unassailable lead in the presidential election after 90 percent of the votes were counted.&nbsp;Interestingly, voting in the Presidential election saw the lowest turnout in the Islamic Republic&rsquo;s history.&nbsp;
Raisi, a prot&eacute;g&eacute; of Supreme Leader Ali Hosseini Khamenei. He will take office in August as Iran seeks to salvage its tattered nuclear deal with major powers and free itself from punishing US sanctions, that have led to a sharp economic downturn. 
72-year-old outgoing President Hassan Rouhani, served two consecutive four-year-terms allowed under the Iranian constitution.

Hardliner judiciary chief Ebrahim Raisi to be Iran's new president

Iran&rsquo;s hard-line judiciary chief&nbsp;Ebrahim Raisi&nbsp;wins Presidential poll
Raisi won with a landslide victory, bagging 17.8 million votes
Voter turnout&nbsp;in the Presidential election was lowest in Iran's history
Raisi&nbsp;is&nbsp;a prot&eacute;g&eacute; of Iran's Supreme Leader Ali Hosseini Khamenei
He takes office in August, hoping to salvage Iran's tattered nuclear deal
Iran's outgoing President Hassan Rouhani, served 2 consecutive terms
&nbsp;

Iran&rsquo;s hard-line judiciary chief, Ebrahim Raisi, won the country&rsquo;s presidential election in a landslide victory on Saturday. Raisi took an unassailable lead in the presidential election after 90 percent of the votes were counted.&nbsp;Interestingly, voting in the Presidential election saw the lowest turnout in the Islamic Republic&rsquo;s history.&nbsp;
Raisi, a prot&eacute;g&eacute; of Supreme Leader Ali Hosseini Khamenei. He will take office in August as Iran seeks to salvage its tattered nuclear deal with major powers and free itself from punishing US sanctions, that have led to a sharp economic downturn. 
72-year-old outgoing President Hassan Rouhani, served two consecutive four-year-terms allowed under the Iranian constitution.

Crude prices fell sharply in the overnight sessions as traders&nbsp;calculated the pressure on the commodity with rising supply from OPEC and possibly Iran as demand outlook in peak summer season weakened with a resurgence of the Covid infection globally.&nbsp;
Investors are keenly watching the indirect talks between Iran and the United States as part of negotiations to revive the 2015 nuclear deal which could lead to increased oil supply from Iran.
Talks will be held in Vienna today and may present&nbsp;a possible path toward removing sanctions on the Middle Eastern country&rsquo;s oil exports
Meanwhile OPEC+ led by Saudi Arabia have agreed to&nbsp;to boost production from May onwards which is also keeping prices in check as global&nbsp;demand outlook is&nbsp;slumping with&nbsp;resurgence of Covid-19 cases around the world.

Rising Covid cases dims demand outlook, Iran talks in focus as oil prices slump 

Crude prices fell sharply in the overnight sessions as traders&nbsp;calculated the pressure on the commodity with rising supply from OPEC and possibly Iran as demand outlook in peak summer season weakened with a resurgence of the Covid infection globally.&nbsp;

<ul>
<li>Crude prices fall as OPEC&nbsp;raises supply, Iran talks in focus</li>
<li>Crude demand outlook falls as global Covid&nbsp;cases rise</li>
<li>US, Iran to hold talks today to revive nuclear deal&nbsp;</li>
<li>Traders bet on Iran oil supply to rise&nbsp;</li>
<li>OPEC+ to increase supply from May onwards</li>
</ul>

Crude prices fell sharply in the overnight sessions as traders&nbsp;calculated the pressure on the commodity with rising supply from OPEC and possibly Iran as demand outlook in peak summer season weakened with a resurgence of the Covid infection globally.&nbsp;
 Investors are keenly watching the indirect talks between Iran and the United States as part of negotiations to revive the 2015 nuclear deal which could lead to increased oil supply from Iran.
Talks will be held in Vienna today and may present&nbsp;a possible path toward removing sanctions on the Middle Eastern country&rsquo;s oil exports
 Meanwhile OPEC+ led by Saudi Arabia have agreed to&nbsp;to boost production from May onwards which is also keeping prices in check as global&nbsp;demand outlook is&nbsp;slumping with&nbsp;resurgence of Covid-19 cases around the world.

iran nuclear deal

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