Iran Warns It Is Ready for War if U.S. Fails Commitments, Citing 40 Million Barrels Exported
Updated
Updated · CBS New York · Jun 30
Iran Warns It Is Ready for War if U.S. Fails Commitments, Citing 40 Million Barrels Exported
3 articles · Updated · CBS New York · Jun 30
Summary
Mohammad Bagher Ghalibaf said Iran is prioritizing diplomacy with Washington but is prepared for war if U.S. commitments under the memorandum are not carried out.
More than 40 million barrels of oil have been exported since the U.S. blockade was lifted, Ghalibaf said, contrasting that with roughly 50 to 60 days when Iran could not ship a single barrel.
Doha remained a hub for indirect diplomacy Tuesday: U.S. envoys Steve Witkoff and Jared Kushner met Qatari leaders, while Qatar said no direct U.S.-Iran meetings were scheduled and no frozen Iranian funds had yet been transferred.
Southern Lebanon is emerging as a key obstacle to a broader peace deal, with Netanyahu saying Israeli forces will stay until Hezbollah is no longer a threat and analysts warning the new Israel-Lebanon framework could entrench that presence.
With two conflicting deals on the table, is the plan to disarm Hezbollah a path to peace or a trap for Lebanon?
Even if peace is achieved, can global energy markets recover from the war's deep and lasting infrastructure damage?
Navigating the 2026 US-Iran MoU: Oil Market Volatility, Strait of Hormuz Control, and Regional Power Shifts
Overview
In late June 2026, an interim deal significantly reduced immediate risks to Gulf energy shipments, creating a more stable environment in the region. This stability led key regional players to accelerate their export activities, especially in the energy sector. As a direct result, maritime operations in crucial waterways improved, and there was a noticeable surge in vessel movements, particularly empty LNG tankers transiting the Strait of Hormuz to collect cargoes. These developments had immediate positive consequences for global markets and regional stability, highlighting how diplomatic progress quickly influenced both energy exports and international shipping activity.