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Iran's President Hassan Rouhani speaks at parliament in the capital Tehran. Photo: Atta Kenare/AFP via Getty Images

Iranian President Hassan Rouhani announced Tuesday Iran would "resume uranium enrichment" at its Fordow plant and begin injecting uranium gas into 1,044 centrifuges, Iranian state media reports.

Why it matters: The announcement coincided with the first anniversary of the Trump administration's "maximum pressure" campaign against Iran. Axios contributor Barak Ravid notes the announced plans are a substantial breach of Iran's nuclear deal.

  • "In the nuclear deal Iran committed to stop enrichment at Fordow and turn the facility to a reaserach center," Ravid said, noting it's the first time Iran has undertaken enrichment at Fordow since the 2015 deal.

The big picture: Behnam Ben Taleblu, a senior fellow at the policy institute the Foundation for Defense of Democracies, notes in an article for Axios that the Trump administration's "maximum pressure" campaign "escalated further last week with new State Department findings that link the country's construction sector to its Islamic Revolutionary Guard Corps."

  • On Monday, Treasury Secretary Steven Mnuchin said in a statement the U.S. had imposed sanctions on nine people connected to Iran Supreme Leader Ayatollah Ali Khamenei.

What they're saying: Secretary of State Mike Pompeo told Fox Business Network's "Lou Dobbs Tonight" Monday after Iran announced an operation involving 60 more centrifuges that the sanctions on Iran were "having a real impact and we need to continue to press."

Go deeper: Expanding U.S. pressure campaign on Iran could reach a tipping point

Editor's note: This article has been updated with new details throughout.

Go deeper

Updated 53 mins ago - Health

COVID cases and deaths keep falling

Expand chart
Data: N.Y. Times; Cartogram: Kavya Beheraj/Axios

America’s coronavirus outbreak is rapidly improving as the Delta wave recedes, and vaccines for kids — which could become available within weeks — will help the situation improve even further.

By the numbers: Nationwide, the U.S. is now averaging about 79,000 new cases per day — a 22% drop over the past two weeks.

Felix Salmon, author of Capital
Updated 54 mins ago - Economy & Business

How the pandemic caused a corporate rebound

Illustration: Sarah Grillo/Axios

WeWork becomes a public company today worth more than $9 billion — a vindication of the expensive turnaround strategy employed after it spectacularly imploded in 2019. Like many companies that find themselves at death's door, that which didn't kill them made them stronger.

Why it matters: Hertz, Alamo Drafthouse, Airbnb, and Toast are among the currently-thriving companies that were shaken to the core in the early days of the pandemic — providing further evidence for the theory that, in the words of former Fast Company editor Bill Taylor, "companies can't be great unless they've almost failed."

Roku tells customers it is unable to strike a deal with YouTube

Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images

Roku on Thursday told customers via a post on its corporate blog that it has still not been able to strike a distribution agreement with YouTube TV, which has been removed from Roku's channel store for five months.

Why it matters: It's the first time Roku has directly acknowledged the issue to its customers. Roku says YouTube TV parent Google has made anti-competitive demands in distribution negotiations, which still haven't been resolved.

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