India has asked the US and the European Union (EU) not to be hasty to take Iran to the UNSC. It said as a signatory of the Nuclear Non-Proliferation Treaty, Iran has rights to develop, use, and source technologies for civilian purposes. It therefore called for a more detailed IAEA study to determine the nature of its “research” at Nantz. At the same time, the Russian proposal of a joint venture to jointly enrich uranium in Russia is one way out especially since Iran also seems to be supportive of that idea. The EU had supported this idea also before Iran had unilaterally terminated conversation with the EU-3 (Britain, France, and Germany). Iran also unilaterally broke the IAEA seals at Nantz breaking the Paris Agreement, which prohibits Iran to restart operations before a consensus is reached. The US is also on record to support this plan but Iran’s chief negotiator, on return from China, said that this proposal may not be enough for their “energy needs.” China has close to USD 80 billion investments in Iran’s Yadaravan oil field and is signing up other deals. Iran is trying to hold India oil contracts to India’s decision on this vote. Iran’s National Iranian Gas Export Corporation (NIGEC) refused to honor an agreement signed by an earlier Government with Indian oil majors Indian Oil Corporation (IOC), Oil and Natural Gas Commission (ONGC), and Bharat Petroleum Corporation Limited (BPCL) saying that it needs a Government ratification of the MoU worth USD 20 billion. Iran also tried to equate itself to India and claim rights a la the Indo-US civilian nuclear deal. India has rejected this claim saying that India is not a signatory to the NPT or a Paris Agreement nor did it clandestinely acquire nuclear weapons technology as Iran did.