The European Union announced that it will be submitting a proposal to the UN for sanctions against Iran because Iran refuses to back down on its ambitions for a nuclear program. The EU and the United States are concerned that Iran will use the nuclear program for purposes other than what Iran has claimed. Iran's newly elected president says that Iran will run low on oil and says it has the right to self government. Iran also blasted the United States at the World Summit Week at the UN because while the US maintains its stockpile of nuclear weapons that it is prohibiting other countries from doing so.
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