Britain, France and Germany launched a process last week charging Iran with failing to observe the terms of the 2015 nuclear deal, a move that could eventually see the Security Council reimpose international sanctions on the country.

Iran has accused the three EU member states of inaction over sanctions the United States reimposed on it after unilaterally withdrawing from the landmark accord in 2018.

The European move "has no legal basis" and if they take further measures "Iran's withdrawal from the NPT will be considered," Foreign Minister Mohammad Javad Zarif was quoted as saying by the Iranian parliament's website.

The landmark 2015 deal reached with Britain, China, France, Germany, Russia and the United States gave Iran relief from sanctions in return for curbs on its nuclear programme.

Since the US pullout, Iran has progressively rolled back its commitments to the accord -- the Joint Comprehensive Plan of Action -- in retaliation.

It has hit out at the three European nations that remain party to the JCPOA for failing to live up to their promises to ease the impact of US sanctions on its oil-based economy.

"If the Europeans return to the commitments, Iran will also stop reducing its commitments, but if the Europeans continue as they have been... we have different options," said Zarif.

The foreign minister said Iran's President Hassan Rouhani had warned former EU foreign affairs chief Federica Mogherini about such consequences in three letters sent in 2018.

"It was stated in the president's letter that if this issue is referred to the Security Council, Iran's withdrawal from the NPT will be discussed but before that we can consider other (options)," he said.

European officials have made it clear that the decision to trigger the dispute resolution mechanism was made in a bid to bring Iran back into compliance and save the accord.

But Iran's foreign ministry on Monday warned more measures could be taken in retaliation for the European move.

"If these talks continue, Iran is formulating a final and even more effective" measure regarding the nuclear deal, spokesman Abbas Mousavi told a news conference in Tehran.

Asked by reporters to elaborate, Mousavi said it would be a "serious" measure, but he gave no further details.

"Different options are on the table for Iran that will be announced if a consensus is reached" by its leaders, he said.

Iran has stressed the steps it has taken to roll back the nuclear deal can be reversed if its interests are realised.