U.S. loses Iran arms embargo bid as Putin pushes summit to avoid nuclear deal showdown

The United States lost a bid on Friday to extend a U.N. arms embargo on Iran as Russian President Vladimir Putin proposed a summit of world leaders to avoid "confrontation" over a U.S. threat to trigger a return of all U.N. sanctions on Tehran. In a U.N. Security Council vote, Russia and China opposed extending the weapons ban, which is due to expire in October under a 2015 nuclear deal between Iran and world powers.

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