Monday, January 2, 2012

Iran reports nuclear progress as sanctions loom

[ via Reuters ] 1 Jan 2012

Iran announced a nuclear fuel breakthrough and test-fired a new radar-evading medium-range missile in the Gulf on Sunday, moves that could further antagonize the West at a time when Tehran is trying to avert harsh new sanctions on its oil industry.

Screen shot from video of the missile test fire (watch video at Reuters)
The move could for the first time hurt Tehran's oil exports, and the European Union is due to consider similar steps soon.

Read more: Reuters

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