Friday, 18 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Iran's Khamenei dismisses US nuclear proposal, vows to keep enriching uranium
Thursday, 5 June 2025 12:05 WIB | ECONOMY |Ekonomi Global

Iran's Supreme Leader Ayatollah Ali Khamenei said on Wednesday that abandoning uranium enrichment was "100%" against the country's interests, rejecting a central U.S. demand in talks to resolve a decades-long dispute over Tehran's nuclear ambitions.

The U.S. proposal for a new nuclear deal was presented to Iran on Saturday by Oman, which has mediated talks between Iranian Foreign Minister Abbas Araqchi and President Donald Trump's Middle East envoy, Steve Witkoff.

After five rounds of talks, several hard-to-bridge issues remain, including Iran's insistence on maintaining uranium enrichment on its soil and Tehran's refusal to ship abroad its entire existing stockpile of highly enriched uranium - possible raw material for nuclear bombs.

Khamenei, who has the final say on all matters of state, said nothing about halting the talks, but said the U.S. proposal "contradicts our nation's belief in self-reliance and the principle of 'We Can'".

"Uranium enrichment is the key to our nuclear programme and the enemies have focused on the enrichment," Khamenei said during a televised speech marking the anniversary of the death of the Islamic Republic's founder, Ayatollah Ruhollah Khomeini.

"The proposal that the Americans have presented is 100% against our interests ... The rude and arrogant leaders of America repeatedly demand that we should not have a nuclear programme.

Who are you to decide whether Iran should have enrichment?," he added.
Tehran says it wants to master nuclear technology for peaceful purposes and has long denied accusations by Western powers that it is seeking to develop nuclear weapons.

Reuters reported on Monday that Tehran was poised to reject the U.S. proposal as a "non-starter" that failed to soften Washington's stance on uranium enrichment or to address Tehran's interests.

Trump has revived his "maximum pressure" campaign against Tehran since his return to the White House in January, which included tightening sanctions and threatening to bomb Iran if the negotiations yield no deal.

Trump wants to curtail Tehran's potential to produce a nuclear weapon that could trigger a regional nuclear arms race and perhaps threaten Israel. Iran's clerical establishment, for its part, wants to be rid of devastating sanctions.

During his first term, Trump ditched Tehran's 2015 nuclear pact with six powers and reimposed sanctions that have crippled Iran's economy. Iran responded by escalating enrichment far beyond the pact's limits.

Iran's clerical establishment is grappling with multiple crises energy and water shortages, a plunging currency, losses among regional militia proxies in conflicts with Israel, and rising fears of an Israeli strike on its nuclear sites all intensified by Trump's hardline stance.

Iran's arch-foe Israel, which sees Tehran's nuclear programme as an existential threat, has repeatedly threatened to bomb the Islamic Republic's nuclear facilities to prevent Tehran from acquiring nuclear weapons.

Source: Investing.com

RELATED NEWS
Powell responds to White House on Fed headquarters renovation...
Friday, 18 July 2025 05:01 WIB

Federal Reserve Chair Jerome Powell on Thursday responded to a Trump administration official's demands for information about cost overruns for a renovation project at the central bank's Washington hea...

US set to impose 93.5% tariff on graphite from China...
Friday, 18 July 2025 01:36 WIB

The United States Commerce Department is set to impose preliminary anti-dumping duties of 93.5% on graphite imported from China after concluding the materials, which are a key component for batteries,...

Russia says Trump's new weapons pledge a signal for Ukraine to abandon peace efforts...
Thursday, 17 July 2025 23:44 WIB

U.S. President Donald Trump's decision to ramp up arms shipments to Ukraine is a signal to Kyiv to abandon peace efforts, Russia said on Thursday, vowing it would not accept the "blackmail" of Washing...

Fed's Kugler: Holding Interest Rates Steady For 'Some Time' Is Appropriate ...
Thursday, 17 July 2025 20:22 WIB

Federal Reserve Governor Adriana Kugler said the US central bank should keep interest rates steady "for some time," citing accelerating inflation as tariffs begin to push up prices. "Given the stabil...

US Weekly Jobless Claims Fall 7,000 to 221,000; Estimated 233,000 ...
Thursday, 17 July 2025 20:13 WIB

Unemployment claims fell 7,000 to 221,000 in the week ending July 12, compared with the median estimate of 233,000, according to Labor Department data. The estimated range was 220,000-240,000 accordi...

LATEST NEWS
Gold Steady as Traders Weigh US Economy, Rate Cut Directions

Gold steadied and was set for a moderate weekly loss as investors assessed the outlook for Federal Reserve rate cuts after resilient US jobs and retail data eased concerns about the economy. Bullion traded below $3,340 an ounce, heading for a 0.5%...

USD/CHF tumbles to below 0.8050 on tariff uncertainty

The USD/CHF pair tumbles to around 0.8030 during the early European session on Friday. Persistent trade tensions and Federal Reserve (Fed) policy uncertainty boost the safe-haven demand, supporting the Swiss Franc (CHF). The preliminary reading of...

Oil Climbs Again as Traders Weigh Signals of Near-Term Tightness

Oil headed for a back-to-back daily gain after US data showed the world's largest economy holding up despite the fallout from the Washington-led trade war, while market metrics pointed to near-term tightness. Global benchmark Brent rose toward $70...

POPULAR NEWS
US consumer prices rise in June as tariff pass-through begins
Wednesday, 16 July 2025 01:35 WIB

U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an...

European stocks erased early gains
Wednesday, 16 July 2025 01:49 WIB

European stocks erased early gains and closed mostly lower on Tuesday as markets continued to assess how potential tariffs from the US may hurt...

Fed's Logan says her base case calls for holding rates steady a while longer
Wednesday, 16 July 2025 07:43 WIB

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of...

Investors seek protection from risk of Fed chief's ouster
Tuesday, 15 July 2025 23:28 WIB

President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against...