We are not now seeking sanctions or other punitive measures on Iran. We seek a carefully calibrated approach in which the [security] council applies escalating measures on Iran's regime.

As a first step, we envision a call (by the council) for Iran to cooperate with the IAEA and take the steps identified by the board to restore confidence. The council will then be able to provide the wider authority the Agency needs to investigate Iran's deeply troubling nuclear activities.

They are doing everything to avoid referral to the council. Iran is not strong enough to withstand sanctions,

measures ... sanctions, or other kind of barriers to our markets.

If the Security Council takes any punitive action, like economic sanctions, North Korea has said this is tantamount to going to war.

We want to approach it carefully and do the right thing. They all had different leases. We're trying to figure it all out.