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MOU or No Deal? Iran Draws Red Line as Trump Chases Historic Breakthrough

Updated On: 13 August, 2026 01:30 AM IST

The race to secure a landmark US-Iran peace agreement has entered a critical phase, with US President Donald Trump claiming that a breakthrough could be just around the corner. Trump has announced that fresh negotiations with Iran are set to begin on Monday, expressing confidence that both sides are moving closer to a historic agreement. However, Tehran has made it clear that any final deal depends on Washington first honouring the existing peace memorandum of understanding. Iranian President Masoud Pezeshkian has stressed that the country's priority is ensuring the United States fulfils its commitments before any new agreement is signed, underlining the trust deficit that continues to shadow negotiations. Meanwhile, Iranian Foreign Minister Abbas Araghchi has revealed that Iran-Oman discussions on the future management of the Strait of Hormuz are in their final stages. WATCH

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