Iran Says Free Passage Through Hormuz Under US Deal Limited to 60 Days

Iran's Parliament Speaker Mohammad Bagher Qalibaf announced that any agreement for free passage through the Strait of Hormuz with the United States is limited to 60 days. Qalibaf, who is also Iran's chief negotiator, stated in a televised interview Tuesday that Tehran "will under no circumstances relinquish its rights in the Strait of Hormuz." He characterized recent exchanges of attacks with the U.S. as a violation of the agreement to halt conflict. Qalibaf claimed U.S. bases in Bahrain and Kuwait were targeted during what he described as the latest ceasefire violation. He stressed Iran's commitment to implementing the memorandum of understanding through ongoing dialogue. However, he warned Tehran was prepared for further confrontation if Washington failed to meet its commitments during negotiations, stating, "If the US wants war, we know very well how to fight."

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Iran will under no circumstances relinquish its rights in the Strait of Hormuz.

Discussing the agreement, Qalibaf said the deal includes the release of access to $12 billion of Iran's frozen assets out of a total of $24 billion held abroad. These funds would be usable by Iran's central bank for purchases. He also claimed that oil-related sanctions had been lifted and that Iran had increased oil exports following the reopening of maritime routes. The memorandum of understanding, signed on June 18 under Pakistani mediation between Iranian President Masoud Pezeshkian and U.S. President Donald Trump, provides a framework for negotiations covering a ceasefire, sanctions relief, Iran's nuclear program, reopening of the Strait of Hormuz, and wider regional security issues.

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If the US wants war, we know very well how to fight.