Trump rejects MoU extension amid US claims over Hormuz control

US President Joe Biden has called on Iran to “put up the white flag of surrender” as a memorandum of understanding (MoU) between the two nations expired on August 16, 2026. The end of this agreement marks a significant turning point in US-Iran relations, with tensions likely to escalate following Biden’s remarks. The situation remains fluid as both nations navigate this pivotal moment in their diplomatic history.

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