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Iran's President Hassan Rouhani told Parliament that Iran was ready to further reduce its commitments to a multilateral 2015 nuclear deal "in the coming days" if current negotiations yield no results by September 5. Photo: Atta Kenare/AFP/Getty Images

Iran announced on Saturday it mobilized a chain of advanced centrifuges to accelerate uranium enrichment — breaching the 2015 nuclear deal for the third time, reports Al-Jazeera.

Catch up quick: Iran plans to cut its commitments to the deal every 60 days until Europe offers economic terms to offset the blow of U.S. sanctions, writes the Washington Post. European countries have been scrambling to save the deal, with the European Union working to keep money moving into Iran's struggling economy, and France proposing $15 billion in credit lines.

However, a spokesperson for Iran's Atomic Energy Organization Behrouz Kamalvandi warned there's little time left to salvage the accord, per the Post.

Details:

  • "Iran separately acknowledged Saturday it had seized another ship and detained 12 Filipino crewmembers, while satellite images suggested an Iranian oil tanker once held by Gibraltar was now off the coast of Syria despite Tehran promising its oil wouldn’t go there," the AP writes.

Yes, but: Iranian officials have said the steps they've taken so far are "reversible if the other side fulfills its promises," according to Al-Jazeera.

The big picture: Since the U.S. pulled out of the Iran Nuclear Deal in 2018, Iran has scaled back its commitments, exceeding the low-enriched uranium limits and increasing its enrichment up to 4.5%. The accord originally set the limit at 3.67%, per AP, adding the nation can enrich uranium “much more beyond” current levels to weapons-grade material.

Go deeper: How Trump and Tehran came to the brink of war

Go deeper

President Joe Biden vows to be "a president for all Americans"

Moments after taking the oath of office, President Joe Biden sought to soothe a nation riven by political divisions and a global pandemic, while warning that "we have far to go" to heal the country and defeat a "virus that silently stalks the the country."

Why it matters: From the same steps that a pro-Trump mob launched an assault on Congress two weeks earlier, the new president paid deference to the endurance of American political institutions.

Updated 36 mins ago - Politics & Policy

Inauguration Day dashboard

U.S. Capitol and stage are lit at sunrise ahead of the inauguration of Joe Biden. Photo: Patrick Semansky - Pool/Getty Images

President Biden has delivered his inaugural address at the Capitol, calling for an end to the politics as total war but warning that "we have far to go" to heal the country.

What's next: Biden and Vice President Harris review readiness of military troops, a long-standing tradition to signify the peaceful transfer of power.

Updated 59 mins ago - Politics & Policy

In photos: The Biden and Harris inauguration

Joe Biden is sworn in as the 46th president of the United States. Photo: Alex Wong/Getty Images

Joe Biden and Kamala Harris were inaugurated as president and vice president respectively in a ceremony at the U.S. Capitol on Wednesday morning.

Why it matters: Top Democrats and Republicans gathered for the peaceful transfer of power only two weeks after an unprecedented siege on the building by Trump supporters to disrupt certification of Biden's victory. Trump did not attend Wednesday's ceremony.