US-Iran MOU expires with no extension as Strait of Hormuz crisis deepens
The US-Iran Memorandum of Understanding signed on June 17, 2026, is set to expire on August 17 with no clear extension in sight. The agreement has unravelled amid accusations of violations, continued US sanctions, and the naval blockade. Meanwhile, tensions over the Strait of Hormuz are escalating, with both sides taking tougher positions ahead of any possible future negotiations.
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