Iran has officially announced the suspension of its cooperation with the United Nations nuclear watchdog, the International Atomic Energy Agency (IAEA). This move, ordered by President Iran Pezeshkian, raises significant concerns about nuclear oversight and safety protocols following recent tensions with the US and Israel. The Iranian parliament has approved a bill to halt inspections, prompting backlash from European powers and calls for the reimposition of sanctions. Oil prices have surged in response to the announcement. Iranian officials have cited broken trust in the IAEA and indicated that access for UN inspectors will be restricted, leading to increased geopolitical tensions.