Iran pulls out of Islamabad peace accord with US

Iran has officially withdrawn from the Islamabad Memorandum of Understanding (MoU) signed with the United States, citing escalating military tensions and what it described as Washington's aggressive actions in the Strait of Hormuz.

The announcement was confirmed on Tuesday (July 14) by Iran's Deputy Foreign Minister Kazem Gharibabadi in an interview with Tasnim News Agency.

He said Tehran would defend its sovereignty in the strategic waterway "at any cost" and ruled out any further negotiations with the United States.

The Pakistan-brokered Islamabad MoU, signed on June 17 by US President Donald Trump and Iranian President Masoud Pezeshkian, followed a ceasefire that ended 40 days of conflict.

Under the 14-point agreement, Iran agreed to halt attacks on commercial shipping in the Strait of Hormuz, while Washington pledged to ease sanctions on Iranian oil exports and lift restrictions on its ports.

Tensions resurfaced after two UAE oil tankers were hit by drone attacks on July 5, which Washington blamed on Iran's Islamic Revolutionary Guard Corps (IRGC). In response, US Central Command (CENTCOM) launched strikes on Iranian military sites.

The latest move effectively ends the Islamabad accord, raising fresh concerns over stability in the Gulf and the security of global energy supplies.