Nine votes and no vetoes from the five permanent council members-Britain, France, China, Russia and the United States-are required to adopt resolutions at the Security Council.
Russian Federation vetoed a British-drafted resolution on extension of sanctions against Yemen, which also condemns Iran for illegal supplies of weapons to the Houthi rebels, and instead brought up its own document to the UN Security Council vote on Monday.
The U.S. has been lobbying for months for Iran to be held accountable at the United Nations for violating an arms embargo on Houthi leaders. The draft was vetoed by Bolivia and Russian Federation, while China and Kazakhstan abstained from the vote.
After hours of negotiations in a bid to reach a compromise, Russian Federation made clear it had strong reservations about the findings of the United Nations report and would not support a draft resolution that mentioned them.
Iran has always denied arming the Houthis and has instead accused the United States of faking evidence or has pointed the finger at other nations.
"The situation in Yemen is far more complicated than frequently we are made to believe", said Russian Ambassador to the U.N. Vassily Nebenzia. He added that as the text of the future resolution was negotiated the Russian side offered "more than one compromising formulation", but Russia's ideas were dismissed.
US Ambassador to the United Nations Nikki Haley took her Security Council colleagues to Washington in January to view pieces of missiles fired by the Houthis at Saudi Arabia in a bid to boost the US case against Iran.
After the Security Council voted on Monday, Iran's mission to the United Nations accused the United States and Britain of misusing the council "to advance their political agenda and put the blame of all that happens in Yemen on Iran". "Today, Russia protected the terrorist-sponsoring regime in Iran", said Nikki Haley, the U.S. permanent representative to the UN.
"The Russian Federation can not support the draft resolution proposed by our British colleagues for the extension for the mandate of the panel of experts of Security Council committee 2140 and sanctions against Yemen", Nebenzia said on Monday.
"Today, Russia protected the terrorist-sponsoring regime in Iran", said Haley, who was traveling to Honduras.
Iran has described the arms displayed in Washington as "fabricated".
Haley has taken a hawkish stance on Iran, accusing Tehran of sowing instability in the Middle East and failing to live up to its commitments under the landmark 2015 nuclear deal. Millions of people are on the brink of starvation and more than 22 million - nearly the entire population - are in need, according to humanitarian agencies.
The UNSC resolution aims to prolong the experts' mandate in Yemen, not to form an anti-Iran coalition in the region, Nebenzia pointed out.