George Bush has warned Iran that military action is still “on the table” if it fails to respond to tightening diplomatic pressure to abandon its nuclear weapons programme.
The EU is planning to announce the freezing of all overseas assets of the main bank in Iran. Sanctions are also to be tightened on gas and oil exports by Iran.
But the US President’s remarks on the last leg of his “farewell tour” of Europe raised fears at Westminster that Mr Bush is determined to take action against Iran before he leaves office in January if the sanctions fail to force Tehran to abandon its nuclear weapons ambitions.
Standing alongside the President after more than an hour of talks in Downing Street, Gordon Brown surprised EU council officials by announcing that the EU intends to intensify its sanctions on Iran, including freezing the billions of euros in overseas assets of the Melli Bank of Iran.