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Iranian Foreign Minister Mohammad Javad Zarif and President Hassan Rouhani. Photo: Iranian Presidency/Anadolu Agency/Getty Images

Iranian foreign minister Mohammad Javad Zarif says his country's stockpile of low enriched uranium has crossed 300 kilograms — the maximum amount it is allowed to hold under the 2015 nuclear deal.

Why it matters: This is the first time Iran has deliberately violated the 2015 deal.

  • The breach of the limitations of the low enriched uranium stockpile is the most significant step so far Iran took to retaliate for the U.S. decision to leave the nuclear deal and to the Trump administration's maximum pressure campaign.
  • A spokesman for the International Atomic Energy Agency confirms Iran's stock of low enriched uranium has exceeded the maximum amount allowed by the nuclear deal
  • IAEA chief Yukiya Amano informed the organization's board of governors that UN inspectors verified on July 1st that Iran has exceeded the limit of low enriched uranium.

The big picture: The Iranian announcement came as European countries are trying to salvage the deal by finding a mechanism that will facilitate Iranian trade with Europe, give some relief to the Iranian economy and convince Iran to uphold the nuclear deal.

  • The spokesman of the Iranian foreign ministry said today that the Iranian steps regarding the uranium stockpile are reversible and called on European countries to salvage the nuclear deal.

Go deeper

Inequality Index signals October jobs growth for lower-income Americans

Data: Morning Consult/Axios Inequality Index; Chart: Axios Visuals

Polling for the Morning Consult/Axios Inequality Index suggests that as the Delta variant ebbed over the last month, job security improved for lower-income Americans.

The big picture: As a result of the improving environment, the Inequality Index this month declined to its lowest point since April — reversing a significant spike in September.

White House unveils landmark reports on climate links to security, migration

Photo Illustration: Shoshana Gordon/Axios. Photo: John Moore/Getty Images

The Biden administration on Thursday released a sweeping set of assessments on climate change's threat to national security and its role in fueling migration.

Why it matters: One of the key products, a formal National Intelligence Estimate on climate change, marks the first time all 18 elements of the U.S. intelligence community have released a consensus report on the topic.

Scoop: Garland defends DOJ's handling of Jan. 6 probe

Attorney General Merrick Garland. Photo: Kevin Dietsch/Getty Images

Attorney General Merrick Garland will tell the House Judiciary Committee on Thursday that federal prosecutors "are doing exactly what they are expected to do" in seeking accountability for the "intolerable assault" on the Capitol on Jan. 6, Axios has learned.

Why it matters: Allies of former President Trump, including Republican members of Congress, have criticized the department's treatment of rioters charged with crimes and sought to recast the insurrection as a righteous protest. Garland's testimony will be his first appearance before the panel.