Atomic energy agency Director General Rafael Grossi said on Friday that time is running out to reach an agreement to curb Iran's nuclear program as Tehran continues to accelerate its uranium enrichment to near weapons-grade levels.

In an interview on the sidelines of the Munich Security Conference, Grossi said, "I believe time is running out, but that doesn't mean we can't do it quickly." He added, "The IAEA is present and has all the information and elements, but it's up to the countries regarding policy.

The IAEA Director General noted that Iran is on track to increase its monthly production of 60% enriched uranium to about seven times.

Grossi mentioned that Tehran is likely to have around 250 kilograms of 60% enriched uranium by the time the next IAEA report is released in the coming weeks.

According to the IAEA standard, this quantity is enough, in principle, to make six nuclear bombs if the uranium is enriched to a higher level.

This situation seems quite serious. Do you have any thoughts on this development?

Source: Reuters Breaking International News & Views.