Iran: Islamabad MOU with US lacks 60-day deadline amid ongoing talks

Iran has stated that the Islamabad memorandum of understanding with the United States does not include a 60-day deadline, according to a recent announcement. The ongoing talks between Iran and Oman, acting as a mediator for the US-Iran negotiations, have been delayed due to the complexity of the situation and the involvement of multiple parties. This development comes amid the broader 2026 Iran-US crisis over the Strait of Hormuz, with a June ceasefire framework still in place. However, unresolved issues continue to hinder progress in the diplomatic discussions. Key Takeaways Iran’s clarification that no 60-day deadline exists in the Islamabad MOU appears to introduce uncertainty in the timeline for US-Iran peace talks. The delay in negotiations with Oman suggests continued complexity and challenges in resolving the diplomatic impasse. Market pricing reflects a moderate decrease in the likelihood of a US-Iran diplomatic meeting by August 31, 2026. What to Watch Observers should monitor any updates from key actors such as Seyed Abbas Araghchi and Oman’s Foreign Ministry, which could provide more clarity on the timeline and prospects for future negotiations. Markets may respond to an...