Iran said on Tuesday the European Union had until August 1 to present a proposal that would enable the country to produce nuclear fuel or Tehran will go its own way, a senior Iranian official said on Tuesday. Ali Aghamohammadi, spokesman for Iran’s Supreme National Security Council, told state television there could be no backtracking on the right to atomic fuel. The EU trio have warned Iran they will join Washington in seeking U.N. Security Council action if Tehran makes good on its threats to resume nuclear activities. Full Story