The promise-for-promise mechanism collapsed instantly, and the navigation security arrangements in the Strait of Hormuz have now become a bargaining chip in the game between the two sides. Iran’s latest sovereignty statement is very tough.

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CoinNetwork
CoinWorld news, Iran's Foreign Ministry spokesperson Bagaei stated that the United States has violated the framework of the bilateral memorandum of understanding by challenging the terms for safe passage of ships through the Strait of Hormuz and launching "aggressive attacks" against Iran. Bagaei noted that the memorandum was never based on mutual trust from the start, but rather on a "commitment-for-commitment" mechanism. Article 5 of the memo stipulates that Iran is responsible for formulating navigation safety arrangements in the Strait of Hormuz, yet the unilateral actions of the United States have challenged this provision. He emphasized that Iran will resolutely safeguard its national interests and sovereignty.
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