The conflict between the US and Iran has entered its seventh month, with the prospect of an imminent agreement to end hostilities appearing unlikely. The warring sides have recently exchanged strikes and maintained uncompromising rhetoric.
These attacks follow the US announcement of a new phase involving a sweeping economic blockade against Iran and its trading partners. The US aims to compel Iran to negotiate and cease its attacks on shipping in the Strait of Hormuz, a key commercial route that has been largely closed since the conflict began in February.
A Memorandum of Understanding (MoU) signed by both sides in June, which was intended to result in a permanent ceasefire and a deal within 60 days, has now expired. Experts suggest that the latest strikes are unlikely to alter Iranian calculations, with Tehran reportedly preparing for increased economic pressure and continued intermittent attacks.
US officials are hopeful that the new sanctions will weaken Iran's negotiating position. However, some experts believe that economic pressure is unlikely to be effective, citing potential non-compliance from countries like China and Russia. Iran is reportedly waiting for the US to return to the MoU or offer concessions.