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Iran has accelerated its production of near weapons-grade uranium as tensions between Tehran and Washington rise after the election of U.S. President Donald Trump, a report by the United Nations�� nuclear watchdog seen by The Associated Press on Wednesday showed.The report by the Vienna-based International Atomic Energy Agency said that as of Feb. 8, Iran has 605.8 pounds of uranium enriched up to 60%. That’s an increase of 203.9 pounds since the IAEA’s last report in November.That material is a short, technical step away from weapons-grade levels of 90%.A report in November 2024 put the stockpile at 401.9 pounds. It had 363.1 pounds last August.“The significantly increased production and accumulation of high enriched uranium by Iran, the only non-nuclear weapon State to produce such nuclear material, is of serious concern,�� the confidential report stated. According to the IAEA, approximately 42 kilograms of 60% enriched uranium is theoretically enough to produce one atomic bomb, if enriched further to 90%.The IAEA also estimated in its quarterly report that as of Feb. 8, Iran’s overall stockpile of enriched uranium stands at 18,286 pounds, which represents an increase of 3725.8 pounds since the last report in November.During his first presidential term, Trump unilaterally withdrew the U.S. from Tehran’s nuclear deal with world powers and reimposed sanctions on Iran. He also ordered the 2020 killing of Qassem Soleimani, who led the Iranian Islamic Revolutionary Guard Corps�� Quds Force.Iran signals it could pursue nuclear weaponsIran has maintained its nuclear program is for peaceful purposes only, but the IAEA chief, Rafael Mariano Grossi, has previously warned that Tehran has enough uranium enriched to near-weapons-grade levels to make “several�� nuclear bombs if it chose to do so.Iranian officials have increasingly suggested Tehran could pursue an atomic bomb. U.S. intelligence agencies assess that Iran has yet to begin a weapons program, but has “undertaken activities that better position it to produce a nuclear device, if it chooses to do so.”Iran’s accelerated production of near weapons-grade uranium puts more pressure on Trump as he’s repeatedly said he’s open to negotiations with the Islamic Republic while also increasingly targeting Iran’s oil sales with sanctions as part of his reimposed “maximum pressure�� policy.Even Iran’s Supreme Leader Ayatollah Ali Khamenei, who has final say on all state matters, in a speech in August opened the door to talks with the U.S., saying there is “no harm�� in engaging with the “enemy.”More recently, he tempered that, saying that negotiations with America “are not intelligent, wise or honorable�� after Trump floated nuclear talks with Tehran.Iran refuses to reconsider ban on IAEA inspectorsThe IAEA already warned last December that Iran was poised to “quite dramatically�� increase its stockpile of near weapons-grade uranium as it has started operating cascades of advanced centrifuges.That move came as a response to the Board of Governors at the IAEA passing a resolution condemning Iran for failing to cooperate fully with the agency. In the past, Iran has repeatedly responded to resolutions by the IAEA Board of Governors by further enhancing its nuclear program.Wednesday’s report also said that Iran has also not reconsidered its September 2023 decision to ban some of the agency’s most experienced inspectors from monitoring its nuclear program.“The Director General deeply regrets that Iran, despite having indicated a willingness to consider accepting the designation of four additional experienced Agency inspectors, did not accept their designations,�� the report said.Additionally, the report says that “no progress was made towards resolving the outstanding safeguards issues in relations to Varamin and Turquzabad,�� the two locations in Iran where the nuclear watchdog has questions about the origin and location of man-made uranium particles found there.The report also said that IAEA Director General Rafael Mariano Grossi held telephone discussions with Iranian Foreign Minister Abbas Araghchi at the beginning of this year, during which he “reiterated his readiness to work with Iran to resume implementation" of a deal the agency and Tehran agreed two years ago.The Joint Statement included a pledge by Iran to resolve issues around Varamin and Turquzabad where inspectors have questions about possible undeclared nuclear activity, and to allow the IAEA to “implement further appropriate verification and monitoring activities.”“Foreign Minister Araghchi indicated Iran’s preparedness to cooperate with the Agency and raised the possibility of the Director General visiting Tehran again,�� the report said.