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4 Sept 2026, 15:53

The Financial Times reported on Friday, September 4, that the disputes between the United States and the Islamic Republic of Iran have increasingly focused on the future of the Strait of Hormuz; as the Donald Trump administration has rejected a return to the Islamabad memorandum, while Tehran is seeking to revive this agreement as a basis for reducing tensions and resuming oil transit through the Strait of Hormuz.

According to the report, diplomatic efforts to bring the parties back to the Islamabad memorandum, which included halting military actions, reopening the Strait of Hormuz, and starting broader negotiations, have faced opposition from Washington. The U.S. is now seeking a new and more comprehensive agreement that includes not only the status of the Strait of Hormuz but also Iran's nuclear file.

In response, Masoud Pezeshkian emphasized that his country is ready to fulfill its commitments as soon as the U.S. returns to its obligations under the temporary agreement.

However, Washington is relying on military pressure and, by strengthening its military presence, conducting mine clearance, and creating secure routes, is trying to demonstrate that Iran can no longer use the Strait of Hormuz as a leverage point in the energy market.
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