Iran Links MoU Fulfillment to U.S. Reciprocal Commitments Amid Regional Tensions

The Strait of Hormuz incident escalated tensions: Iran targeted a commercial cargo vessel, which prompted U.S. retaliatory strikes on Iranian missile and drone storage sites and coastal radar installations, illustrating how military actions could threaten the momentum of the Pakistan- and Qatar-mediated MoU.
Current President Donald Trump publicly floated a Doha meeting regarding Iran’s denuclearisation and asserted militarily that the situation was ‘almost won,’ signaling that high-stakes diplomacy around the MoU is ongoing and unpredictable.
Iran’s leadership frames the MoU as part of a broader effort to end a cycle of US-Israeli aggression and to reduce regional tensions, emphasizing reciprocal commitments and a justice-based, diplomatic approach.
Iran’s foreign ministry reiterated that talks with the U.S. will only begin after the 14-point MoU’s terms are fully implemented, underscoring a strict, terms-based approach and downplaying imminent Doha consultations until provisions are met.
Iranian President Masoud Pezeshkian declared that Tehran will honor the Islamabad Memorandum of Understanding only if Washington holds up its end of the deal. "The understanding is a two-way street," Pezeshkian said, according to Middle East Eye. "If the American side remains committed, we will also fulfill our obligations."
The warning comes as a fragile ceasefire framework, brokered by Pakistan and Qatar and signed June 17–18, faces its first major test. Both sides traded military strikes last week, and Iran's Foreign Ministry says technical talks will not begin until the MoU's 14 points are fully implemented, according to Israel National News.
The MoU was barely one week old when Iran targeted the Singapore-flagged M/V Ever Lovely with a drone in the Strait of Hormuz on June 25. US Central Command (CENTCOM) hit back fast, striking Iranian missile storage sites and coastal radar installations on June 26–27. Iran then launched missile and drone strikes on US bases in Kuwait and Bahrain.
The tit-for-tat exchange put the entire agreement at risk. President Trump declared the situation "almost won" and threatened that "the Islamic Republic of Iran will no longer exist" if talks break down, according to Sky News Australia. Iran's leadership fired back, vowing to defend its sovereignty while keeping diplomacy open.
Iran's Foreign Ministry spokesman Esmaeil Baghaei drew a hard line on negotiations. "We have not yet entered the stage of negotiating a final agreement," he said. "We will not have any negotiation meetings with the US side at any level this week." He cast doubt on a Doha meeting Trump had publicly floated, saying key MoU terms must come first.
Tehran is demanding full implementation of all 14 MoU articles before talks advance. Those articles reportedly include lifting the US naval blockade and granting oil export waivers. Iran remembers Trump's 2018 exit from the JCPOA nuclear deal. That history explains why Tehran now insists on action before words, according to Middle East Eye.
The stakes are enormous. Full implementation of the MoU could free up an estimated $24 billion in frozen Iranian assets. A final agreement could unlock a $300 billion reconstruction fund for Iran. The mere signing of the MoU caused the Iranian Rial to strengthen from 1.8 million to 1.57 million per US dollar. Oil prices dropped to around $69 per barrel, down from wartime highs.
But a 60-day clock is now ticking. That deadline, triggered on June 17, is the window for technical talks to turn the MoU into a permanent treaty. If it expires without a deal, the US has threatened to restart "Maximum Pressure 2.0," which could mean a permanent blockade of the Persian Gulf, according to the investigative briefing reviewed by this desk.
Direct communication between Trump and Iranian leadership does not exist. Pakistan and Qatar are serving as go-betweens, relaying messages through intermediaries. Pakistani Prime Minister Shehbaz Sharif endorsed the Islamabad Memorandum as the framework's main architect. US Special Envoys Steve Witkoff and Jared Kushner were dispatched to Doha to try to salvage the process.
Inside Iran, Pezeshkian is caught between hardline IRGC generals, who see the weekend strikes as justified "ceasefire management," and ordinary Iranians desperate for economic relief. Critics in Washington, including the Foundation for Defense of Democracies, argue the MoU is a "trap" that gives Iran legitimacy while leaving its ballistic missile program intact, according to The Australian.
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