IAEA Believes It Knows Where Iran's Buried Uranium Is

Summary

IAEA Director General Rafael Grossi discusses the location of Iran's buried uranium stockpile at Isfahan and the need for verification in any nuclear deal. He comments on the status of inspections, negotiations, and the broader proliferation risks from North Korea. No specific financial or tradeable assets are mentioned.

• Grossi states Iran's uranium stockpile is believed to remain buried at Isfahan after a 2022 attack.
• Some enriched uranium may be above ground at Natanz and accessible.
• IAEA seeks verification as a key component of any nuclear agreement.
• Iran has made IAEA inspections contingent on a broader deal.
• Grossi argues proliferation attempts historically lead to conflict and destruction.
• North Korea is accelerating nuclear production, raising regional concerns.
• No mention of oil, gold, equities, or any financial markets.