Iranian President Masoud Pezeshkian said Iran would take immediate reciprocal action if the United States resumed complying with a memorandum of understanding previously agreed by both sides. He said Iran has always honoured international agreements and commitments, unlike the United States, according to ETNet.
The renewed exchange of accusations between the two countries has revived market concerns and pushed oil prices higher. Brent crude was quoted at $91.34 a barrel, while U.S. West Texas Intermediate crude was at $86.77 a barrel.