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UN nuclear watchdog IAEA confirms activity at Iran's Pickaxe Mountain, reports Bloomberg

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Recent satellite imagery revealed a surge in construction activity at Iran's Pickaxe Mountain site near the Natanz nuclear complex, according to reporting by i24.

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US PPI PCE Components (Aug.):

Commodities

Iran orders temporary suspension of 10% freight charge on foreign vessels carrying energy products to or from Iran, Fars reports

U.S. Economy

US PPI (Aug MM) 0.4% vs. Exp. 0.4% (Prev. 0.1%)