JERUSALEM, Israel -- In its latest report the International Atomic Energy Agency provided the most damaging evidence yet about Iran's nuclear program.
The assessment confirms what many have suspected for years, that Iran is working to create nuclear weapons.
"This IAEA report is very important because it will clarify what Israel and its allies have been saying for years now: that the Iranian nuclear program for over two decades is aimed at developing a nuclear bomb," Eitan Livne, Iran research director at The Israel Project, told CBN News.
"The agency has serious concerns regarding possible military dimensions to Iran's nuclear program," IAEA officials said in the report. "The information indicates that Iran has carried out activities relevant to the development of a nuclear explosive device."
"It has even made some experiments in the final stages of assembling a bomb, including explosions and computer simulations of explosions -- and the time is running out," they warned.
Bomb within Months
Some analysts believe the report confirms Iran possesses the nuclear know-how, means and materials to develop a nuclear bomb within a few months and could soon carry out underground tests.
Estimates show the Islamic Republic has enough enriched uranium to make four or five bombs.
The IAEA revealed that some experiments were carried out in a military complex in Parchin about 20 miles southeast of Tehran.
In addition, the report showed atomic experts from Russia, Pakistan, and North Korea provided crucial expertise to Iran. This includes work on high precision detonators that could trigger a nuclear chain reaction.
The report also indicated Iran conducted tests to develop a nuclear device that could be uploaded on one of its Shahab-3 ballistic missiles.
Race against Time
The world faces a race against time to stop this nuclear threat, in part because Iran plans to move its centrifuges to underground bunkers. This would make a military strike less effective.
Israeli leaders, including President Shimon Peres, have said all these signs mean the military option is becoming more likely.
After days of making headlines around the world, Israeli officials have become quieter about the Iranian issue. They believe the IAEA report will speak for itself and hope it will wake up nations to the danger of a nuclear Iran.
Israel, which provided some of the intelligence for the IAEA report, would like effective sanctions against Iran's central bank and its oil production, but it also wants the military option kept "on the table."
In anticipation of the report, Iranian President Mahmoud Ahmadinejad warned of a NATO attack, saying "we are approaching the final confrontation."
"It will not necessarily be a military one, but possible political," Ahmadinejad said. "We are reaching the height [of the confrontation]. If we are not prepared, we will suffer so greatly that we will be set back 500 years."
Israeli leaders have maintained for years that Iran is a global threat, not just one to the Jewish state.
World leaders have avoided talk of attacking Iran. But some countries fear Israel may launch a military strike on its own and spark a Middle East war.
Many Israelis, however, feel if Iran does develop a nuclear bomb, Iran could plunge Israel into another Holocaust.