Iran is threatening to walk away from the memorandum of understanding it signed with the United States if Washington continues to violate the agreement’s terms.
The 14-point MOU, signed on June 17, 2026, by President Trump and Iranian President Masoud Pezeshkian, briefly calmed global markets and sent Bitcoin soaring past $82,000. Now, with Iran signaling it may abandon the deal entirely, traders are bracing for a repeat of the chaos that followed Trump’s earlier declaration that the MOU was “over” in early July, when Bitcoin cratered below $62,000.
What the deal actually says, and why it’s falling apart
The MOU was designed as a de-escalation framework. Its 14 points include provisions for ceasefire extensions and reopening the Strait of Hormuz within 30 days. The agreement intentionally deferred the most contentious issues, including sanctions relief and nuclear ambitions, to future negotiations within a 60-day window.
Iran’s Deputy Foreign Minister Majid Takht-Ravanchi has pointed to a specific mechanism in the agreement that could be triggered by Israeli military actions in Lebanon. The argument from Tehran is straightforward: if the US cannot ensure compliance from its allies, the deal is meaningless.
