Iran has stated that the Hormuz Strait will remain closed until the United States fulfills the conditions of the interim agreement
The Strait of Hormuz will stay closed until the U.S. fulfills the terms of an interim agreement signed with Iran in June, stated the chief Iranian negotiator Mohammad Baqer Qalibaf in remarks released by state media on Tuesday.
These conditions encompass the U.S. removing its blockade of Iranian ports, abolishing oil sanctions, releasing Tehran’s frozen assets, and ceasing threats and military operations on all fronts, Qalibaf informed parliament.
The memorandum of understanding, finalized on June 17, swiftly fell apart due to a disagreement regarding control of the Strait of Hormuz, the narrow passage through which a fifth of global oil and liquefied natural gas was transported prior to the war.
U.S. President Donald Trump stated that the deal was “over” on July 7, and a week later, Iran’s foreign ministry announced it was “suspended.
Under the MoU, Iran and the U.S. committed to negotiating a final deal that would address broader issues, including the fate of Iran’s nuclear program, within a maximum of 60 days, extendable by mutual consent.
A senior Iranian official informed Reuters on Monday that Iran would now adopt a “fully offensive” stance due to the halted diplomatic efforts aimed at achieving a permanent resolution to the conflict.