Iranian President Masoud Pezeshkian said Tuesday that Tehran is prepared to “reciprocate” if the United States is willing to return to the ceasefire conditions that both countries negotiated in June. But the comments come at a time when Washington has signaled a strong commitment to sustained economic warfare—and launched fresh strikes against Iranian targets this week.
Speaking at the Shanghai Cooperation Organization summit—a high-level gathering of Eurasian leaders held this week in Kyrgyzstan—Pezeshkian told the press, “If the U.S. returns to its commitments in the memorandum of understanding (MoU), the Islamic Republic of Iran will immediately reciprocate.”
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Pezeshkian’s words echo those of Foreign Minister Abbas Araghchi, who said on Monday that the U.S. must “return to its commitments and adhere to the memorandum’s terms; only then this situation will be resolved,” according to state media.
The MoU called for an immediate end to military operations and established a 60-day period for negotiating a final agreement. The U.S. agreed to end its naval blockade, refrain from imposing new sanctions, and work on an economic reconstruction package during that time, while Iran agreed to clear the Strait of Hormuz of mines and allow trade through the vital passageway.
But the MoU collapsed when Washington and Tehran accused one another of violating its terms and failed to agree on the next steps toward reconciliation. Fighting resumed in June, and Iran declared that the Strait of Hormuz was once again closed to maritime traffic.
Qatar, which formerly served as a mediator between the U.S. and Iran, said Tuesday that it supports efforts to rekindle peace talks.
“This escalation will not benefit anyone,” Qatar’s foreign ministry spokesman, Dr. Majid Al-Ansari, told the press. “We are all affected by this escalation. Therefore we urge the parties, first, to exercise wisdom and return to the negotiating track, and we continue and intensify our efforts with our mediation partners to ensure a return to this track.”
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Finding a new path forward for the U.S. and Iran is complicated by resistance on multiple fronts.
The Iranian Students’ News Agency reported that Pezeshkian was “clear” in his statement that Iran is “not seeking war.” But the President also faces internal pressure from the Islamic Revolutionary Guard Corps (IRGC), whose leaders have indicated that they are prepared to continue confronting the U.S. It said last month it has not yet reached its “final objective.”
When the U.S. attacked Larak Island on Sunday, killing military personnel and civilians, the IRGC called it a “fatal mistake” and retaliated with an operation it referred to as “Punishment of the Aggressor.” It targeted “technical infrastructure, maintenance facilities and enemy fighter jet positions” at American military bases in Jordan, according to state media on Monday.
The differing rhetoric reflects tensions within Iran’s leadership over how to approach the conflict. Pezeshkian and Araghchi have publicly emphasized diplomacy, which is at odds with the stance of hard-liners like IRGC General Ahmad Vahidi. Iran’s Supreme Leader Mojtaba Khamenei—who has not appeared in public since the war began in February—appointed Vahidi to the position on Aug. 10, instructing him to strengthen the country’s capabilities for “powerful offensive operations against the enemy.”
The U.S. President also said last week that the U.S. is not actively in talks with Iran and has no desire to pursue them.
“We don’t want to speak to them. We’re not looking to meet or anything,” Trump told reporters in the Oval Office on Aug. 27.
Following the latest U.S. strikes, he wrote on Truth Social that Iran was a “failed nation” under a regime that is in “total disarray.”
The Trump Administration has turned to economic warfare with the aim of pressuring Iran to make concessions that would bring an end to the conflict.
“We are going to economically asphyxiate this regime. And as President Trump said, the reason the MOU did not work, they were not ready for a deal,” Treasury Secretary Scott Bessent said in an interview with Fox Business Network‘s Larry Kudlow on Tuesday. “My job is to make sure that they want to have a deal—and they will want to have one.”
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