The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, confirmed that the U.S. and Iran's memorandum of understanding (MOU) includes provisions for nuclear inspections, despite conflicting statements from both nations.
While Iran has denied any new plans for inspections at sites affected by U.S. and Israeli strikes, Grossi emphasized that the IAEA's role is to supervise and inspect the nuclear aspects outlined in the MOU. The agreement also aims to end hostilities and reopen the strategically important Strait of Hormuz for at least 60 days.
This development is significant as it may reduce tensions in the region and impact global oil supply routes, which are critical for investors to monitor