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U.S. Says Iran’s Nuclear Claim Is ‘Hype’

Thursday, February 16, 2012

The U.S. played down Iran’s claim of a “major” nuclear breakthrough as an exaggeration to bolster nationalism amid tighter sanctions rather than a step toward developing an atomic weapon.

Iranian state-run Press TV said yesterday 3,000 “new- generation” Iranian-made centrifuges were installed at its main uranium enrichment site at Natanz, and domestically made fuel plates were loaded at a medical research reactor in Tehran. Iran won’t be intimidated by outside pressure and will pursue technological advances, the Iranian Students’ News Agency said.

“Our view on this is that it’s not terribly new and it’s not terribly impressive,” State Department Spokeswoman Victoria Nuland told reporters in Washington yesterday. The announcement was “hyped” for a domestic audience, she said.

The opposing assessments came as the European Union received a letter from Iran’s top nuclear negotiator, Saeed Jalili, about resuming negotiations with the U.S., France, Britain, Germany, Russia and China. U.S. Secretary of State Hillary Clinton said the international community wants serious engagement about Iran’s program. Concern the dispute will lead to a military conflict that disrupts oil supplies from the Persian Gulf has contributed to a 3 percent increase in crude prices in February. Iran is OPEC’s second-biggest producer.

Five-Week High

Oil for March delivery rose 48 cents, or 0.5 percent, to $102.28 on the New York Mercantile Exchange at 1:41 p.m. The contract rose yesterday to $101.80, the highest settlement since Jan. 10, after Press TV reported that Iran halted crude oil shipments to Italy, Spain, France, Greece, Portugal and the Netherlands five months before a European Union embargo takes effect July 1.