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Amid increased brinksmanship with the United States, Iran announced Monday its intention to exceed the low-enriched uranium stockpile limit it agreed to in the 2015 nuke deal -- unless certain demands are met by the pact's remaining signatories within the next 10 days.

More provocatively, the Islamic Republic's Atomic Energy Organization spokesman warned Iran could enrich uranium up to 20 percent -- just a step below weapons-grade level.

Behrouz Kamalvandi spoke to journalists at the country's Arak heavy water facility. He acknowledged Iran has already quadrupled its production of low-enriched uranium — which can be used in a nuclear reactor, but not in a bomb.

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Under terms of the multinational nuke deal -- engineered by the Obama administration in July 2015 but significantly weakened when the Trump administration withdrew in May 2018 -- Iran can keep a stockpile of no more than 660 pounds of low-enriched uranium. Kamalvandi said that, given Iran's recent decision to quadruple its production of low-enriched uranium, it would pass the 660-pound limit on June 27.

The spokesperson said, however, the country would stay within the limits of the original deal -- but only if Britain, France, Germany and the rest of the European Union followed through with plans to give Iran access to international banking systems, according to The New York Times.

The United Nations nuclear watchdog, the International Atomic Energy Agency, said last month that Iran was still within the stockpile limits.

Kamalvandi said Iran needs five percent enrichment for its nuclear power plant in the southern Iranian port of Bushehr and also needs 20 percent enrichment for a Tehran research reactor. The nuke deal, however, limited Iran to 3.67 percent enrichment, which is enough for power plants and non-weaponized uses.

But after America's pullout from the pact and the subsequent initiation of sanctions, Tehran set a July 7 deadline for Europe to come up with better terms for the deal, or the Islamic Republic itself would take additional steps away from the accord -- likely meaning it would further boost enrichment.

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Israeli Prime Minister Benjamin Netanyahu on Monday called for more sanctions if Iran were to break the stockpile limit.

"Should Iran deliver on its threats, the international community will have to implement, immediately, the pre-set sanctions mechanism," Netanyahu said.

National Security Adviser John Bolton told the Washington Free Beacon in an interview published Monday that the U.S. is willing to talk to Iran, but noted, "It's a very precarious situation." The interview was conducted prior to Iran's latest provocative announcement.

Bolton said the Iranians are "acting as if it's the Obama administration and that they don't really fear American capabilities...They are in deep economic trouble in Iran as a result of the president's termination of the nuclear deal and the reimposition of sanctions."

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Enriching a supply of uranium means boosting its concentration of the type of uranium that can power a nuclear reaction. That type, or isotope, is called U-235. Enrichment basically means stripping away atoms of another isotope, called U-238.

When uranium is mined, it typically has about 140 atoms of this unwanted isotope for every atom of U-235. Refining it to 3.67 percent purity means removing 114 unwanted atoms of U-238 for every atom of U-235.

Boosting its purity to 20 percent means removing 22 more unwanted isotopes per atom of U-235, while going from there to 90 percent purity -- weapons-grade territory -- means removing just four more per atoms of U-235.

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That means going from 20 percent to 90 percent is a relatively quick process -- something that worries nuclear nonproliferation experts. Iran maintains its nuclear program is for peaceful purposes.

The Associated Press contributed to this report.