Fox News – Following this week’s International Atomic Energy Agency (IAEA) report concluding that Tehran appears to be well on its way to developing the possibility of manufacturing a nuclear weapon, the next step for world powers is to seek tougher sanctions in the United Nations Security Council.

But meaningful restrictive measures are not likely to happen, say many analysts, considering China’s close relationship with Iran, in part to satisfy China’s great thirst for oil. Today, Chinese and Russian diplomats announced that they believe no new sanctions on Iran are necessary.