Iran says no progress on reviving interim peace deal with US

Efforts to revive a fragile interim peace deal between Iran and the United States have stalled, with a senior Iranian source reporting "absolutely no progress" in negotiations. The deal, initially agreed upon in June, aimed for a permanent cessation of hostilities in the Gulf but unraveled rapidly.

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One of the issues that is being discussed via mediators is the U.S. returning to the interim agreement and defining a timeframe for implementing the commitments. There has been absolutely no progress on this issue.

Both nations have exchanged accusations of violating the agreement. The U.S. claims Iran has failed to honor its commitment to reopen the vital Strait of Hormuz shipping route. Conversely, Tehran asserts that Washington has reneged on its promises, including lifting a blockade on Iranian ports and releasing frozen assets.

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The United States violated the interim agreement 48 hours after it was reached and withdrew from it a few days later.

"One of the issues that is being discussed via mediators is the U.S. returning to the interim agreement and defining a timeframe for implementing the commitments. There has been absolutely no progress on this issue," the Iranian source stated, dealing a blow to hopes for a swift resolution. The comments follow recent attacks on shipping that caused oil prices to surge.

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The Strait of Hormuz would remain closed unless the U.S. accepted Iran's conditions to end the war.

Adding to the friction, Iran's top security official, Mohsen Rezaei, warned that the Strait of Hormuz would remain closed unless U.S. conditions for ending the war were met. This rhetoric escalates the situation, particularly after U.S. President Donald Trump's demand for Iran to pay compensation for decades of conflict, attacks, and protests.

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Iran is going fine, going just absolutely fine.