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Oil edges higher, stocks gain as investors eye political risks
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China draws up safety rules for autonomous vehicles
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Man Utd sign reported record £20mn sponsorship deal for training kit
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Wenger says scrapping Infantino's World Cup plan was "absolutely necessary"
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Stokes reveals England coaching ambition
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Spain confronts EU migration hawks in tense Ceuta talks
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Cargo ship hit after Trump insists Iran talks could reopen Hormuz today
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Firefighters hope to contain blaze on Athens outskirts
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BP profit soars as Mideast war roils energy prices
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Heatwave divides rich and poor of upmarket Seoul
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Most stock markets gain, while oil prices edge up after plunge
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Drone strike on Moscow region kills 5
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Most stock markets gain, while oil prices edge up after latest plunge
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Guatemala issues 'danger' alert after Fuego volcano erupts
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Weak yen helps auto giant Toyota raise forecasts
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Heat kills 16 in South Korea this summer: interior ministry
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Arson suspect arrested as US northwest battles wildfires
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Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling
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Britain's Royal Mint strikes gold in electronic waste
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After sparring over Ceuta, EU states seek lessons from crisis
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Amorim evokes spirit of Baresi as he bids revive AC Milan fortunes
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Forest fire spreads in Dutch nature reserve
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Suspected heatstroke kills three lions at Japan zoo
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Japan sees 'urgent' need to boost military
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Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast
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Myanmar ex-junta chief set for first Thailand visit as civilian leader
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Trapped by war, Bangladesh seafarer recounts Gulf ordeal
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New Zealand hooker Bell out of South Africa tour with calf strain
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WWII shells surface in wildfire-ravaged French village
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Trump attorney general pick looks set to clear US Senate hurdle
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Last Scottish island bird hunt banned after almost 500 years
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Ore Energy Raises $43 Million to Unlock Renewable Baseload Power for the AI Era
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Death toll from Venezuela quakes rises past 6,000
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Fritz outguns Jodar to win ATP Washington title
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Shafique, Babar lead strong Pakistan reply against West Indies
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Major League Soccer names LAFC co-owner Berg as next commissioner
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Defending champ Shelton finding tournament sweet spot in Montreal
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Osaka out to improve Toronto fortunes with eye on US Open
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Democratic-led US states sue in latest challenge to Trump's tariffs
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Dow hits fresh record as oil prices tumble
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Trump says Iran facing 'last chance before decapitation'
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Trump board reassures Israel after objections on Gaza pullout
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US northwest battles wildfires after Spokane neighborhoods scorched
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Zelensky sacks his ambassador to the US
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Iran denies negotiating with US, drawing Trump backlash
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'Spider-Man' breaks record for domestic box office debut
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Key dates for the Boeing 737 MAX
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US regulators grant long-awaited Boeing 737 MAX 7 certificate
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Israel objects to US-backed Gaza plan, defiant on pullout
IAEA ready to help define 'concrete steps' to implement US-Iran deal
The International Atomic Energy Agency said Thursday that it was ready to begin defining the "concrete steps" needed to implement a US-Iran deal to end the Middle East war.
US President Donald Trump and Iranian President Masoud Pezeshkian signed a deal Wednesday meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief.
"Now it's for us to sit down with our American colleagues, our Iranian colleagues, and start formulating the concrete steps that will have to be taken," IAEA chief Rafael Grossi told reporters in Geneva.
The deal aims to draw a line under the war launched by the United States and Israel February 28, prompting Iran to counter-attack with missile and drone salvos across the region -- and effectively shutting down the Strait of Hormuz, a crucial waterway for the world economy.
Washington responded by blocking shipping to and from Iranian ports.
Under the terms of the deal released by US officials, Iran will dilute its enriched uranium stocks, possibly by "down-blending on site under the supervision of the IAEA", the UN's nuclear watchdog.
"This is a very complex operation and it's not a secret so we will have to be very, very detailed," Grossi said, adding that the outcome would depend "on the political will of both sides".
"Anything can work when two sides decide that they want something to be done," he said, adding that they were looking to his organisation to tell "them what is needed".
- 'Impartial' -
The IAEA estimates that Iran had 440 kilogrammes of uranium enriched to 60 percent -- close to the level needed for a bomb -- as Israel and the United States launched their first attacks in June last year.
Iran suspended cooperation with the IAEA then and inspectors have not seen the material since.
The UN nuclear watchdog's governing board last week approved a Western resolution demanding that Iran immediately provide information and access to its uranium stockpile and production facilities.
Tehran slammed that resolution as "counter-productive" at a time when talks were going on, and charged it was "politically-motivated" -- something Grossi vehemently denied.
"The work of the IAEA is an impartial, technical work," he said.
"The fact that in this memorandum of understanding that has been signed, the indispensable role of the IAEA is recognised... it says it all in terms of our credibility and the indispensable role we have to play."
The agreement is only a temporary arrangement meant to give time for starting detailed negotiations on the far more complex issue of long-term control over Iran's nuclear power ambitions, which Washington has long suspected of harbouring a secret bomb-making programme.
"I think it's good that the memorandum is there," Grossi said.
"Now the technical work starts."
P.Cavaco--PC