Iran’s President Hassan Rouhani expressed “great hopes” Wednesday that a US bid to extend an arms embargo on his country will fail, warning of consequences if the UN Security Council backs it. Rouhani’s remarks came after Iran’s ambassador to the United Nations said the US would have to redraft its proposed resolution on the issue after being “rebuffed” by Security Council members. The ban on selling weapons to Iran is set to be progressively eased from October under the terms of Resolution 2231, which blessed the Iran nuclear deal that world powers agreed in July 2015.