'There can only be mutual compliance’: Araghchi's reality check as US Treasury 'violates' the MoU

Published on Jul 11, 2026 01:04 pm IST

The U.S. Treasury has announced a new round of Iran-related sanctions and a general license targeting alleged financial facilitators and exchange houses after Iran resumed attacks on shipping in the Strait of Hormuz, prompting a sharp backlash from Tehran, where Foreign Minister Seyed Abbas Araghchi accuses Washington of violating Paragraph 9 of the Islamabad Memorandum of Understanding, calls out “missteps” by the “so‑called U.S. Treasury Secretary,” and insists there can only be mutual — not one‑sided — compliance under the fragile truce framework.

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