We are awaiting a US draft resolution regarding new measures in the Iranian nuclear file, reports Al Araby citing a siplomatic source at the security council

US draft resolutions on the Iranian nuclear file at the Security Council have historically followed a familiar sequence: a leaked draft circulates among members, language is negotiated down in consultations, and the eventual text either passes with abstentions from rival permanent members or dies by veto, leaving the signalling value greater than the legal effect. The operative distinction is whether the draft contemplates reimposition of prior UN sanctions through the snapback mechanism or merely a condemnatory text, since snapback carries binding force across jurisdictions while a simple resolution does not. For oil, the transmission channel is the supply-risk premium on Iranian exports, which tend to be priced against the enforcement question rather than the resolution itself, given that sanctions on Iranian barrels have long depended on the willingness of third parties to comply rather than on UN text alone. The identity of the council members prepared to co-sponsor, and any move by the European parties to the original nuclear accord to align with the US position, has historically been the tell for whether escalation or a negotiated dilution follows. Worth noting that draft-stage reporting of this kind often precedes a formal tabling by some distance, and texts frequently change substantially before a vote. The immediate follow-ons are the formal circulation of the draft and the posture of the other permanent members.