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Instead, Iran opted for an alternative plan backed by Turkey and Brazil that included the uranium-for-rods exchange but didn't mandate a halt on Iran's enrichment process and fell short of U.N. demands. The United States and its allies are concerned Iran's continued uranium enrichment could produce a nuclear weapon. Iran denies this, saying it only seeks nuclear energy for peaceful purposes and insists on its rights under the nonproliferation treaty to enrich uranium and produce nuclear fuel. The European Union adopted its own new sanctions against Iran on Thursday, a day after the Obama administration imposed U.S. penalties against additional individuals and institutions it says are helping Iran develop its nuclear and missile programs and evade international sanctions. Iran currently enriches uranium up to 20 percent -- far short of the 95 percent level needed for an atomic weapon
-- and justifies its decision to go to higher enrichment levels by saying it needs to make fuel for a research reactor producing medical isotopes.
[Associated
Press;
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