U.S. President Donald Trump and Iranian officials interpret a number of key provisions of the upcoming agreements differently; these agreements are to be finalized based on the memorandum of understanding that has already been signed.
According to Trump, Tehran has allegedly agreed to indefinite, large-scale nuclear inspections designed to ensure that no work is being done to develop nuclear weapons.
“Iran has fully and completely agreed to top-level nuclear inspections for a long time to come (indefinitely!)... This will ensure ‘nuclear integrity.’ “If they hadn’t done this, there would have been no further negotiations,” Trump stated on his social media account.
Earlier, U.S. Vice President J.D. Vance also reported that Iran had agreed to allow IAEA inspectors access to its nuclear facilities.
However, official Tehran denies these claims. The Iranian side emphasizes that cooperation with the International Atomic Energy Agency will continue only within the framework of existing procedures.
Iranian Foreign Ministry Spokesperson Esmail Baghaei stated that the country had not assumed any new obligations.
“Iran has not agreed to allow inspectors access to its damaged nuclear facilities,” he emphasized.
Disagreements have also arisen regarding the use of frozen Iranian assets. The Trump administration claims that the U.S. and Qatar can control how these funds are used. In particular, the possibility of directing a portion of the funds toward purchasing products from American farmers is being considered.
However, Tehran’s position remains unchanged. Iran’s ambassador to the UN emphasized:
“Iran is the only country that will decide what to do with its assets.”
Another point of contention is the issue of ship passage through the Strait of Hormuz. The memorandum guarantees the right to duty-free transit only for the next 60 days.
At the same time, Donald Trump claims that the parties have already reached an agreement on free passage through the Strait of Hormuz on a permanent basis, even after this period ends.
Iranian authorities have not confirmed these statements. Moreover, signals are coming from Tehran about the possible introduction of certain fees for ships passing through this strategically important maritime route.
Thus, despite the signing of a memorandum of understanding, significant differences remain between the U.S. and Iran regarding nuclear safeguards, the use of assets, and the shipping regime in the Strait of Hormuz, which could complicate further negotiations between the parties.
U.S. President Donald Trump has set a strict condition regarding Iran’s use of frozen financial assets, which are to be unfrozen as part of new diplomatic agreements. The U.S. leader stated that these funds would be controlled by Washington and used exclusively for the purchase of American goods.
As a reminder, global prices for Brent crude oil fell after the conclusion of talks between the U.S. and Iran in Switzerland, during which Tehran announced that it had secured exemptions regarding the export of oil and petrochemical products. This eased market concerns about a potential supply shortage.
Global oil prices fell sharply on Thursday, June 19, amid reports of an agreement between the U.S. and Iran. Brent futures fell to $77.96 per barrel, while WTI futures dropped to $74.96, their lowest levels since late February.
The U.S. and Iran will create a $300 billion fund to revive the economy — Reuters.