Iranian President Masoud Pezeshkian has defended the country’s negotiating team following criticism over the Memorandum of Understanding (MoU) with the United States. Pezeshkian emphasized that the agreement was made in full coordination with Supreme Leader Mojtaba Khamenei, indicating that the leadership is aligned on the diplomatic approach. This statement comes amid accusations of hostile media campaigns aimed at undermining the diplomatic process. The MoU, which seeks to end ongoing hostilities and reopen the Strait of Hormuz, marks a significant diplomatic effort after the conflict that began with US and Israeli strikes in early 2026.

Key Takeaways

• Iranian President Pezeshkian’s statement appears consistent with support from Supreme Leader Khamenei, reducing expectations of Iran withdrawing from MoU negotiations.
• Market activity suggests a decrease in the likelihood of an Iranian regime fall, reflecting perceived regime stability.
• There is minimal impact on the probability of a US-Iran diplomatic meeting occurring before mid-April 2026 as this news does not introduce new developments in that context.

What to Watch

Observers will be monitoring any public statements from Supreme Leader Khamenei that could further clarify Iran’s stance on the MoU. The conclusion of the 60-day negotiation period will be critical in determining the success of the diplomatic efforts and the reopening of the Strait of Hormuz. Additionally, any significant shifts in the regional geopolitical landscape or domestic unrest could impact the stability of the Iranian regime.

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