Tehran suspends commitments under the Islamabad Memorandum, citing U.S. violations through recent airstrikes.
Iran announced it is suspending all commitments under the Islamabad Memorandum of Understanding with the U.S., signed a month ago. The move follows accusations that Washington breached the agreement through a series of military strikes.
The memorandum, aimed at de-escalating tensions, had been under negotiation before the U.S. actions prompted Iran’s withdrawal. No further details on the strikes or timeline were provided in the announcement.
Markets may monitor developments for potential disruptions in regional stability or energy supply chains.