[The Trump Administration Refuses to Rejoin the June Memorandum of Understanding with Iran, Shifts to Economic Pressure]
According to Jinshe Data, the Wall Street Journal, citing informed sources, reported that the Trump administration has informed mediators of its unwillingness to reaccept the terms of the June Memorandum of Understanding reached with Iran, instead shifting to economic measures to pressure Iran. The June agreement originally planned to ease sanctions in exchange for Iran reopening the Strait of Hormuz and initiating nuclear issue negotiations, but it collapsed following Iran's attacks on vessels. The Iranian Revolutionary Guard stated that the Strait would only be reopened if the U.S. resumed implementing the agreement, granted exemptions for oil sales, and ended the maritime blockade. Mediation efforts by Pakistan, Oman, and Qatar have made limited progress, and the memorandum has expired, with both sides preparing for an escalation of the situation.