Iran’s only operational nuclear power plant risks shutdown as the U.S. sanctions prevent the Islamic Republic from transferring money internationally to buy equipment, an executive of the Atomic Energy Organization of Iran was quoted as saying on Monday. Mahmoud Jafari, a deputy at the Atomic Energy Organization of Iran, said that the Bushehr nuclear power plant was “facing the risk of shutdown,” because of the inability to buy the necessary equipment from outside Iran, Bloomberg reports , citing the semi-official Iranian Students’ News Agency (ISNA). Due to the U.S. sanctions on banking transfers involving Iranian entities, the Islamic Republic is struggling to keep up with the nuclear reactor’s operational and maintenance costs and with paying the Russian contractors, the Iranian official was quoted as saying. Data from the International Energy Agency (IEA) shows that as of 2019, most of Iran’s electricity generation came from natural gas, followed by oil, […]