Jake Tapper and Kirit Radia report:
After a bilateral meeting between President Obama and Russian President Dmitry Medvedev, the Russian leader said, "Russia's position is clear: sanctions rarely lead to productive results but in come cases sanctions are inevitable."
Medvedev underlined that he thought incentives would work better with Iran in convincing the rogue regime to stop its nuclear weapons program.
President Obama said that both Russia and the US agree that if Iran doesn't respond to "serious negotiations…we will have to take action and serious sanctions remain a possibility."
The Russians have oscillated on sanctions against Iran.
According to senior European officials, Moscow supported tougher sanctions on Iran when the G8 met in L'Aquila, Italy earlier this year.
But as recently as a week or so ago, after Iran sent a letter to the P5+1 countries that have been trying to get Iran to end its nuclear weapons ambitions, Russian Foreign Minister Sergei Lavrov all but ruled out tougher measures.
- Jake Tapper and Kirit Radia