President Obama Announces Iran Nuclear Deal Has Been Reached

President Obama has announced that Iran and a group of six nations led by the United States have reached a historic deal to limit Tehran’s nuclear ability for more than a decade in return for lifting international oil and financial sanctions. Subscribe to Opposing Views for more breaking news ► http://www.youtube.com/user/opposingviews?sub_confirmation=1

The deal reduces the number of Iranian centrifuges by two-thirds. It places bans on enrichment at key facilities, and limits uranium research and development to the Natanz facility. The deal also calls for caps on uranium enrichment at 3.67 percent and limits the stockpile to 300 kg, all for 15 years. Iran will be required to ship spent fuel out of the country forever, as well as allow inspectors from the IAEA inspectors certain access in perpetuity. Heightened inspections, including tracking uranium mining and monitoring the production and storage of centrifuges, will last for up to 20 years. The U.S. estimates that the new measures take Iran from being able to assemble its first bomb within 2-3 months, to at least one year from now.

President Obama threatened to veto a move by Congress to block it.

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