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Iran threatens to abandon US deal if Washington violates commitments

Created at 13 Jul · 8:06 AM2 sources↑ Market-relevant2 events
IN SHORT

Iran stated it will not comply with a Memorandum of Understanding with the US if Washington violates its commitments to end the war. The EU is calling for the Strait of Hormuz to be reopened amid rising tensions.

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Key Numbers

60-dayframework for negotiations over Iran's nuclear program
$300bnreconstruction and economic development plan for Iran

Who's Involved

Iran's foreign ministry
stated it will not comply with a Memorandum of Understanding (MoU) with the US if Washington violates its commitments
Esmaeil Baghaei
Iran's foreign ministry spokesperson
Donald Trump
US President who signed the MoU
Masoud Pezeshkian
Iranian President who signed the MoU
US Central Command
Stated military aircraft struck Iranian locations
Islamic Revolutionary Guard Corps (IRGC)
Stated it responded with attacks against US military installations
Bahrain's Foreign Ministry
Condemned an alleged Iranian drone attack
Kaja Kallas
European Union Vice President calling for Strait of Hormuz to be reopened
Iran threatens to abandon US deal if Washington violates commitments

↳ Why This Matters

The escalating tensions between Iran and the US, coupled with the EU's call for freedom of navigation, threaten the stability of a critical global energy chokepoint and could impact international trade and oil prices.

Key facts

  • Iran will not comply with a Memorandum of Understanding (MoU) with the US if Washington violates its commitments.
  • The US and Iran have engaged in retaliatory strikes following a preliminary agreement.
  • US Central Command struck Iranian missile and drone storage sites and radar installations.
  • Iran's Islamic Revolutionary Guard Corps claimed responsibility for retaliatory strikes against US military installations.
  • Iran accused the US of pressuring Oman, impeding a joint mechanism for the Strait of Hormuz.
  • The EU is calling for the Strait of Hormuz to be reopened and for freedom of navigation.
  • Iran warned against foreign interference in the Gulf.

Iran has indicated it will not adhere to a Memorandum of Understanding (MoU) with the United States if Washington fails to uphold its commitments, particularly concerning the cessation of hostilities. Esmaeil Baghaei, Iran's foreign ministry spokesperson, stated that Iran would continue to act in kind if the other party fails to meet its obligations.

Baghaei also alleged that US pressure on Oman has impeded the establishment of a joint mechanism between Iran and Oman for managing the Strait of Hormuz. This statement comes amid recent exchanges of strikes between the US and Iran, which both sides claim violate the terms of the MoU signed on June 15.

The US Central Command reported striking missile and drone storage sites and radar installations along Iran's southern coast, characterizing the action as a response to an attack on a commercial vessel in the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for retaliatory strikes against US military installations in the region, warning of more extensive responses to repeated aggression.

Bahrain's Foreign Ministry condemned an alleged Iranian drone attack on its territory, deeming it a serious violation of sovereignty. Additionally, a tanker was reportedly hit by an unidentified projectile, though all crew members were reported safe. The IRGC had previously warned against alternative routes in the Strait of Hormuz, asserting that only routes approved by Tehran could ensure safe passage.

Amid the rising tensions, European Union Vice President Kaja Kallas stated that EU foreign ministers will meet with Gulf nations to discuss regional security and the reopening of the Strait of Hormuz. Kallas noted that the Iran-US interim deal is 'not really holding' and emphasized the need for freedom of navigation in the vital waterway. Iran has warned against 'foreign' interference in the Gulf.

Frequently asked questions

The MoU, signed on June 15, 2026, by US President Donald Trump and Iranian President Masoud Pezeshkian, established a 60-day framework for negotiations on Iran's nuclear program and an immediate halt to military operations. It also includes provisions for respecting sovereignty, reopening the Strait of Hormuz, and lifting the US naval blockade on Iranian shipping.

The US Central Command stated that its aircraft struck missile and drone storage locations and radar sites along Iran's southern coastline in response to an attack on a commercial vessel in the Strait of Hormuz.

Iran's Islamic Revolutionary Guard Corps stated it responded with attacks against US military installations in the region and warned of more extensive responses to repeated aggression.

The Strait of Hormuz is a vital international trade corridor and a global energy chokepoint, through which a significant portion of the world's oil supply passes.

What Happens Next

01Further diplomatic efforts to de-escalate tensions and reaffirm commitments to the MoU.
02Monitoring of maritime traffic and security in the Strait of Hormuz.
03Potential for further retaliatory actions if commitments are not met or are violated.
04EU foreign ministers to meet Gulf nations to discuss regional security and the Strait of Hormuz.

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Cadence

How It Developed

Iran stated it will not comply with a Memorandum of Understanding with the US if Washington violates its commitments.
The US and Iran have engaged in retaliatory strikes following a preliminary agreement to end a war.
The US Central Command struck missile and drone storage locations and radar sites along Iran's southern coastline.
Iran's Islamic Revolutionary Guard Corps stated it responded with attacks against US military installations.
Iran accused the US of pressuring Oman, hindering efforts to establish a joint mechanism for the Strait of Hormuz.
EU Vice President Kaja Kallas said EU foreign ministers will meet Gulf nations to discuss regional security and reopening the Strait of Hormuz.
Kallas noted the Iran-US interim deal is not holding amid renewed strikes and called for freedom of navigation in the Strait of Hormuz.
Iran warned against foreign interference in the Gulf after European countries suggested deploying naval forces to ensure shipping flow.

Sources

T1
Iran says it will not comply with deal if US does not uphold MoU commitmentsMiddle East Eye
T1
EU says Strait of Hormuz must be reopenedMiddle East Eye
T2
What Iran and US get from deal and why both could struggle to keep it - BBCbbc.com
T2
US, Iran trade strikes: What to know, will it unravel the MoU?aljazeera.com
T2
What the US-Iran MoU means, why it matters, what happens nextnewindianexpress.com

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