world π Trump ditches Iran deal, Hormuz talks stall
The Trump administration has officially rejected returning to the June Memorandum of Understanding with Iran regarding the Strait of Hormuz. This decision affects Qatar, Oman, and Pakistan, who were mediating a path for nuclear talks and waterway reopening. The initial MOU involved sanctions relief for Iran in exchange for facilitating Strait reopening and addressing nuclear issues by June 17. Now, Washington is focused on economic pressure, while Tehran demands $300 billion compensation and sanctions removal. Mediators face a tough spot as both sides insist the other must make the first significant move. β½