On Wednesday, in a continued show of defiance against sanctions imposed by the United States and the European Union, Iran announced two major advances in its nuclear program. A CNN report said Iranian President Ahmadinejad was at the reactor to personally hand load domestically made file rods while also announcing a new generation of advanced centrifuges with the intent to produce yellowcake, which is used to enrich uranium. Yellowcake is a material which the United Nations has banned Iran from developing.
Tehran displayed further resistance as state media reported the Islamic Nation was taking steps to stop oil exports to six European countries as a result of the sanctions. This would include an oil ban. It’s reported Iran has already discontinued exports to France and the Netherlands while placing an ultimatum on Italy, Spain, Greece, and Portugal demanding they either sign long term contracts with Iran or be cut off completely. The ban on Iranian oil by the EU set to go in effect in July.
On Wednesday Iran’s head nuclear negotiator formally notified the EU’s foreign policy chief that Iran has a willingness to resume talks with world powers over its nuclear program. However many in the West feel it’s ploy to buy more time.