Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?
    Headlines

    Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?

    Explainer-What are the limits to the UN nuclear watchdog's oversight in Iran?

    Published by Global Banking and Finance Review

    Posted on June 23, 2025

    Featured image for article about Headlines

    By Francois Murphy

    VIENNA (Reuters) -The U.N. nuclear watchdog, which polices the global nuclear Non-Proliferation Treaty, has not been able to carry out inspections in Iran since Israel launched military strikes on its nuclear facilities on June 13.

    Below is an outline of the International Atomic Energy Agency's inspection powers.

    DOES THE IAEA HAVE UNIVERSAL JURISDICTION?

    No. The IAEA's oversight is limited to the 191 states that are signatories to the NPT, and other countries it has separate arrangements with. Iran is a party to the NPT and thus subject to IAEA oversight including inspections meant to ensure that no nuclear material such as uranium is "diverted" for use in atomic bombs.

    Israel is not a party to the NPT and is the only country in the Middle East widely believed to have nuclear weapons. Israel does not confirm or deny having them. 

    It has a limited safeguards agreement with the IAEA that provides for the agency to oversee some materials and facilities - a fraction of what Israel has and not any of what is widely believed to be its nuclear weapons programme.

    Iran, by contrast, has a Comprehensive Safeguards Agreement (CSA) with the IAEA under which it must account for all its proliferation-sensitive nuclear material, including every gram of enriched uranium.

    CAN THE IAEA GO ANYWHERE, ANYTIME IN IRAN?

    No. It is largely restricted to inspecting Iran's declared nuclear installations as provided for by its 1974 CSA - sites such as the three uranium enrichment plants at Natanz and Fordow that were operating until Israel bombed them on June 13.

    It had regular access to those facilities until they were attacked. Since then, they have been "closed" and inspectors have not been allowed in, the IAEA has said, adding that it hopes its inspectors will return as soon as possible.

    HAS THE IAEA HAD GREATER POWERS BEFORE?

    Yes. A 2015 deal between Iran and major powers placed strict limits on Tehran's nuclear activities but also extended the IAEA's oversight to parts of Iran's nuclear programme not covered by the CSA, such as its production and stock of centrifuges, the machines that enrich uranium.

    It was the most comprehensive IAEA oversight of any country.

    Much of that additional oversight came from Iran agreeing, as part of the 2015 pact, to apply the Additional Protocol, an add-on to countries' CSAs that the IAEA developed to strengthen its hand in preventing nuclear proliferation. Iran has signed but never ratified the Additional Protocol.

    One of the most important extra tools the Additional Protocol gives the IAEA is the power to carry out snap inspections - short-notice access to locations including ones that Iran has not declared to be nuclear-related.

    WHY DOES IT NO LONGER HAVE SUCH SWEEPING POWERS?

    In 2018, during his first term, President Donald Trump pulled the U.S. out of the 2015 nuclear deal, reimposing U.S. sanctions on Iran that had been lifted as part of the agreement.

    In retaliation, as of the following year, Iran began pushing past the deal's limits on its nuclear activities but also scaled back the extra IAEA oversight introduced by the deal.

    In February 2021 Iran said it would no longer carry out its extra commitments under the 2015 deal, including implementation of the Additional Protocol. It struck a deal with the IAEA to keep monitoring equipment like surveillance cameras added under the deal rolling, but ordered them all removed in June 2022.

    WHAT WAS LOST WITH THE EXTRA OVERSIGHT?

    Reducing the IAEA's oversight not only took away the important tool of snap inspections. It also left blind spots in the areas to which extra oversight had been applied.

    The IAEA now says it has lost so-called "continuity of knowledge" for so many years that it will never be able to fully piece together what happened in areas including the production and inventory of centrifuges and certain key centrifuge parts, as well as Iran's stock of "yellowcake" - uranium that has not been enriched.

    The fact many centrifuges are unaccounted for means it cannot be ruled out that they will be used to enrich uranium in secret at an undeclared facility. Such a facility would be easy to hide in a relatively small building such as a warehouse.

    The IAEA says it cannot guarantee Iran's nuclear activity is entirely for peaceful purposes but it also has no credible indications of a coordinated nuclear weapons programme.

    WHAT IF IRAN PULLS OUT OF THE NON-PROLIFERATION TREATY?

    Iran has threatened to pull out of the NPT, while at the same time saying it would not develop nuclear weapons if it did. 

    Tehran has complained that the treaty and non-proliferation regime failed to protect it from attack by a country with a nuclear arsenals, the United States, and another widely believed to have one, Israel.

    The NPT allows for withdrawal by a party at three months' notice "if it decides that extraordinary events, related to the subject matter of this Treaty, have jeopardized the supreme interests of its country".

    The only country to announce its withdrawal from the NPT is North Korea in 2003, which expelled IAEA inspectors before testing nuclear weapons. 

    (Reporting by Francois Murphy; editing by Mark Heinrich)

    Related Posts
    Exclusive-Shell seeks buyers for stake in Germany's Schwedt refinery, sources say
    Exclusive-Shell seeks buyers for stake in Germany's Schwedt refinery, sources say
    EU Parliament approves deal to weaken corporate sustainability laws
    EU Parliament approves deal to weaken corporate sustainability laws
    EU lawmakers seek to tighten controls on Mercosur farm imports
    EU lawmakers seek to tighten controls on Mercosur farm imports
    Italy's ruling parties urge caution on using frozen Russian assets
    Italy's ruling parties urge caution on using frozen Russian assets
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    UK launches BBC funding review, as broadcaster reels from Trump lawsuit
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Bow failure caused 1994 Estonia ferry disaster, final report shows
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    Czech defence group CSG wins $1 billion truck deal, opens Slovak ammunition line
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    EU races to win over Italy on Mercosur trade deal, says EU lawmaker
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    Zelenskiy says Russia must be held responsible for 'crime of aggression'
    BBC says it will fight Trump lawsuit over edited speech
    BBC says it will fight Trump lawsuit over edited speech
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Kremlin says Christmas ceasefire proposed by Ukraine depends on reaching peace deal
    Dassault Aviation CEO unsure if FCAS fighter will go ahead
    Dassault Aviation CEO unsure if FCAS fighter will go ahead

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostEU imposes asset freeze, travel ban on five people tied to Syria's Assad
    Next Headlines PostQatar closes airspace, US and UK tell citizens to shelter in place

    More from Headlines

    Explore more articles in the Headlines category

    Europe's leaders and laggards in electric vehicle sales

    Europe's leaders and laggards in electric vehicle sales

    EU members bordering Russia push for enhanced security at Helsinki meeting

    EU members bordering Russia push for enhanced security at Helsinki meeting

    Netherlands will host International Claims Commission for Ukraine, minister says

    Netherlands will host International Claims Commission for Ukraine, minister says

    EU to widen carbon border levy to close loopholes on polluting goods, draft shows

    EU to widen carbon border levy to close loopholes on polluting goods, draft shows

    Plan to build church for war dead in city park sparks rare protest in Russia

    Plan to build church for war dead in city park sparks rare protest in Russia

    Polish student detained over suspected Christmas market attack plot

    Polish student detained over suspected Christmas market attack plot

    China lowers EU pork tariffs in final ruling after 18-month probe

    China lowers EU pork tariffs in final ruling after 18-month probe

    European defence stocks slide amid progress in Ukraine peace talks

    European defence stocks slide amid progress in Ukraine peace talks

    App developers urge EU action on Apple fee practices

    App developers urge EU action on Apple fee practices

    Kering sells majority stake in New York property in $900 million deal 

    Kering sells majority stake in New York property in $900 million deal 

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    EU weighs scheme to allow combustion-engine vehicles after 2035, Handelsblatt reports

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    Antisemitism allowed to fester in Australia, says daughter of wounded Holocaust survivor

    View All Headlines Posts