The IAEA detailed recent activities showing Tehran expanding its
enrichment efforts — setting up hundreds of uranium-spinning centrifuges in an
underground hall and bringing nearly 9 tons of the gaseous feedstock into the
facility in preparation for enrichment. It added that Iranian officials had
informed the agency that they would expand their centrifuge installations to
have thousands of them ready by May.
This will pretty much raise oil prices in the near term. Maybe Iran is stoking tensions so they can make out like a bandit on oil sales. It might be time to dip your toe into some United States Oil ETF (USO) if these tensions keep up.
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