Iran said on Sunday that it will reconsider its cooperation with the International Atomic Energy Agency (IAEA) if the UN Security Council issues a new resolution against the country, the official IRNA news agency reported.

Tehran would reconsider its cooperation with the IAEA and "study various options" over a possible new UN resolution, Iranian Foreign Ministry spokesman Mohammad-Ali Hosseini told his weekly press conference.

Commenting on the recent warning of US President George W. Bush against a so-called "nuclear holocaust," Hosseini said, "We will reject any remarks which are far from logic and the existing realities."

"There were various parts in President Bush's speech in which he repeated all his previous unfounded accusations against Iran," Hosseini said.

In a speech to the American Legion veterans group in Reno, Nevada, last week, Bush said that Iran's actions threaten the security of nations everywhere and the United States is ready to confront the danger.

"Iran's active pursuit of technology that could lead to nuclear weapons threatens to put a region already known for instability and violence under the shadow of a nuclear holocaust," Bush said.

The United States and other Western countries have accused Iran of trying to develop atomic weapons under a civilian cover, but Iran denies such accusation, saying it just wants to generate electricity.

On March 24, the UN Security Council unanimously adopted a new resolution, the second punitive one, with tougher sanctions to pressure Iran to suspend its uranium enrichment activities.

However, an IAEA report in May said that Iran continued to resist the UN Security Council ban on enrichment and was instead expanding its activities.

(Xinhua News Agency September 3, 2007)