With the second series of UN Security Council Sanctions on March the 24th obviously having had no effect on Iran's activities, it is difficult to see what a third series of UN Sanctions would achieve.
The EU still seems to prefer the option of resolution through negotiation, but with Iran not backing down, a third series of sanctions, though ineffective in resolving the dispute, might seem inevitable.
The US and the EU are insistent that Iran is pursuing a military nuclear program and have expressed their determination to stop it. The US has not ruled out a military option and on Wednesday launched its biggest military exercises in the Persian Gulf in recent years.
US officials had said the powers would start drafting a third, harsher batch of sanctions if the deadline was flouted. Iran has ignored the UN deadlines, and while expanding its nuclear activities insists they are for energy purposes only.
Iran has so far gained the necessary know-how for enriching uranium to a low level (3.5 to 5 percent) while nuclear bombs need highly enriched uranium (over 90 percent), meaning that Iran cannot do anything with its enriched uranium but producing energy.
Despite vast propaganda by Western media, Tehran continues cooperation with IAEA and in the latest case two of the agency's inspectors arrived here Tuesday morning.
During their one-week mission, the two inspectors are due to visit Isfahan UCF plant and Natanz enrichment facility.
The visits of the IAEA inspectors fall within the safeguard agreement of the Non-Proliferation Treaty (NPT) and are viewed as the Agency's routine inspections of nuclear sites.
Iran's nuclear activities are fully supervised by the IAEA inspectors and cameras, and Tehran is observing the rules and contents of the NPT Comprehensive Safeguard Agreement in full.
It is important for my readers to always think about where information is sourced from....it is always to identify possible bias in all news report (in all places).
In this case, it has been shown that Fars News is affiliated to the Iranian judiciary.
Just compare the information above with this Al Jazeera article.
ElBaradei told a news conference in Luxembourg on Thursday that he tended "to agree with people like John Negroponte and the new director of the CIA ... that even if Iran wanted to go for a nuclear weapon, it would not be before the end of this decade or sometime in the middle of the next decade".
On Wednesday the IAEA issued a critical report that said Iran had expanded its uranium enrichment programme in defiance of UN demands for its suspension, and warned that the watchdog's knowledge of Iran's activities was shrinking.
But on Thursday, in a speech to a gathering of Iran's Revolutionary Guards, Mahmoud Ahmadinejad, the Iranian president, ruled out the possibility of a suspension of the country's nuclear programme.
"The enemy wants Iran to surrender so it won't have any say in the world," he said, according to state-run television.
"The aim of the enemies in thwarting Iran's exploitation of peaceful nuclear technology, is not based on any technical reasons. They want to hit at the source of the [Iranian] regime's progress.
"If Iran's right to nuclear technology is confirmed, all nations of the world will gather under Iran's political banner. The enemies of Islamic Iran know this, and for this reason they have mobilised."