Obama warns Iran of new sanctions
President Barack Obama stated Thursday that the U.S. and its allies are discussing possible new sanctions on Iran for defying global attempts to halt its nuclear program. Obama's warning came after Iran rejected a compromise proposal to ship its low-enriched uranium abroad.
"They have been unable to get to 'yes', and so as a consequence, we have begun discussions with our international partners about the importance of having consequences," Obama said at a news conference with South Korean President Lee Myung-bak. "Our expectation is, is that over the next several weeks we will be developing a package of potential steps that we could take that will indicate our seriousness to Iran," he added, according to the AP.
However, Obama left open the option that diplomacy could still work. "I continue to hold out the prospect that they may decide to walk through this door" and accept the proposal to ship its low-enriched uranium out of the country, Obama said.