Iran Says Free Passage Through Hormuz Under US Deal Limited to 60 Days

TEHRAN, June 30: Iran's Parliament Speaker and chief negotiator Mohammad Bagher Qalibaf said on Tuesday that free passage through the Strait of Hormuz under the recent memorandum of understanding with the United States would apply for only 60 days.

"Iran will under no circumstances relinquish its rights in the Strait of Hormuz," Qalibaf said in a televised interview, adding that Tehran considers the recent exchanges of attacks with the United States as a violation of the agreement to halt the conflict.

He claimed that U.S. bases in Bahrain and Kuwait were targeted during what he described as the latest ceasefire violation, while stressing that Iran remained committed to implementing the memorandum through ongoing dialogue.

Qalibaf warned that Tehran was prepared for further confrontation if Washington failed to meet its commitments during negotiations. "If the US wants war, we know very well how to fight," he said.

Discussing the agreement, Qalibaf said the deal includes the release of access to $12 billion of Iran's frozen assets out of a total of $24 billion held abroad, allowing the funds to be used by Iran's central bank for purchases.

He also claimed that oil-related sanctions had been lifted and that Iran had increased oil exports following the reopening of maritime routes.

The memorandum of understanding, signed on June 18 under Pakistani mediation between Iranian President Masoud Pezeshkian and U.S. President Donald Trump, provides a framework for negotiations covering a ceasefire, sanctions relief, Iran's nuclear program, reopening of the Strait of Hormuz and wider regional security issues.