On June 17, the presidents of the US and Iran signed an initial deal – known as a memorandum of understanding (MoU) – extending the ceasefire between the two nations.
The agreement includes reopening the Strait of Hormuz, a $300bn (£224bn) plan for Iran’s “reconstruction”, and the US terminating “all types of sanctions” on Iran.
But it does not deal with the thorny issue of Iran’s nuclear programme – one of the reasons stated by the US for launching the war.
As a result, further negotiations have been taking place the two sides in recent weeks.
Earlier Wednesday morning, Iran’s parliamentary speaker and chief negotiator Mohammad Ghalibaf accused the US of breaking the MoU by “violating Iranian adjustments in the strait”.
During the conflict Iran sought to assert its sovereignty over the strait, including by establishing the “Persian Gulf Strait Authority” which it said would manage “safe passage permits”.
But the agreement notes that Iran will “make arrangements using its best efforts” to allow safe passage of commercial vessels through the strait – with no charge – for at least 60 days.
