Pezeshkian Sticks to Tehran-Washington Memo Despite Expiration

Iranian President Masoud Pezeshkian has made it clear that he remains committed to the Tehran-Washington memorandum of understanding, despite growing criticism from within his country. The agreement, which was initially mediated by Pakistan as a ceasefire deal between Iran and the US, expired after just 60 days without a final settlement. Despite this expiration, Pezeshkian continues to see value in the framework as a potential starting point for renewed negotiations with Washington. His stance reflects ongoing support for the memorandum, which may have implications for his presidency and future Iran-US relations.

The Iranian president's statement suggests that he is not giving up on the agreement, despite its expiration. Market analysts believe this indicates reduced uncertainty about Pezeshkian's political stability, as reflected in market pricing.