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IRAN-US MOU

Iran's president says the memorandum of understanding signed with the US in Islamabad is a two-way matter, and Tehran will fulfill its obligations if the American side adheres to its commitments. Massoud Pezeshkian made the comment in a social media post after his American counterpart, Donald Trump, made new threatening remarks against Iran. Trump's threats came after the Iranian armed forces pounded American bases in the region with ballistic missiles and drones following US military strikes on southern regions of Iran. Pezeshkian described Trump's remarks as ‘unreasonable ranting and unfounded threats’. He stressed that Iran's approach to such threats is to rely on rationality and human dignity in decision-making. Pezeshkian added that Iranians are also ready for 'decisive and fearless defense' of the country when it comes to taking action.

Iran armed forces vigilance

Iran’s acting defense minister says the country is hand on trigger to give the proportionate response to any violation of the ceasefire under the memorandum of understanding with the US. Brigadier General Majid Ebn-o-Reza says Iran does not trust the enemy, noting that the US has already violated its obligations on several occasions. These, he said, add to the long record of betrayals of commitments and hostilities by the US. The general made the comments in a phone call with Qatari defense minister Saoud bin Abdulrahman bin Hassan Al-Thani. The Iranian general also noted that foreign forces are a threat to the security of the Persian Gulf, calling on regional countries to take security in their own hands. He and al-Thani also discussed the latest security developments in the region and joint coordination on defense.

US Iran aggression aftermath

A new report by US media has revealed that the war of aggression against Iran has cost every American household roughly 1000$ in terms of higher fuel and food prices, and other expenses. According to Moody's Analytics report, citing US government data, inflation in May hit its highest level in three years. It added that the biggest war-related expense for Americans was the price of gasoline, which peaked at 4.5$ a gallon in late May. The report said higher diesel costs have also increased the cost of transporting products from farms, factories and seaports, leading to higher retail costs. It added that as a result of higher fuel costs since the start of the war, the typical US household has spent an extra 100$ on groceries. The report mentioned higher interest rates, higher airfare due to surging jet fuel costs, and taxpayer costs to support US military operations as other war-related expenses facing American households. The new report came after a Gallup poll in June revealed that two-thirds of Americans were experiencing financial hardship due to fuel price increases.

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