Iran-US MOU
Coverage of Iran-US MOU in the Nexus archive.
- Will the Iran-US MoU reshape economic relations in the Gulf?
The Iran-US MoU aims to ease sanctions and establish a $300bn reconstruction fund, potentially reshaping Gulf economic relations. Gulf states like Qatar and Saudi Arabia express interest in investment opportunities, but security risks from Iranian missile attacks and cautious investor sentiment may slow progress.
- IRGC doubles down as Iran-US MoU jeopardised by Hormuz strikes
The Iranian Islamic Revolutionary Guard Corps (IRGC) has intensified its stance following military confrontations near the Strait of Hormuz, which have endangered the Iran-US Memorandum of Understanding. Iran's markets are reacting negatively to the two-night conflict over transit through the strategic waterway.
- Oman reaffirms support for toll-free passage through Hormuz
Oman's foreign minister Badr Albusaidi reaffirmed the country's commitment to toll-free and safe passage through the Strait of Hormuz during discussions with Iranian officials. The talks followed a visit by Iran's foreign minister Abbas Araghchi and Parliament Speaker Mohammad Baqer Ghalibaf to Oman, focusing on bilateral cooperation and the Iran-US memorandum of understanding.