Ongoing military tensions and incomplete implementation of the June 2026 Islamabad Memorandum of Understanding explain trader expectations that no final U.S.-Iran agreement will reach UN Security Council endorsement by year-end. The MoU outlined a 60-day (extendable) window for nuclear limits, sanctions relief, and Strait of Hormuz reopening in exchange for ending hostilities, with explicit reference to a subsequent binding UNSC resolution. However, Iranian strikes on shipping, U.S. blockade measures, and renewed exchanges in July-August 2026 have disrupted talks, while Iran conditions full access on additional concessions including asset releases and sanctions termination. These developments sustain procedural gridlock on the Iran nuclear file and reduce near-term prospects for consensus among Council members on any comprehensive endorsement.
Governor
Will Ismael Burgueño Ruiz win the 2027 Baja California Governor Election?
41%
+144
▲ 33.0 pp
+144
▲ 33.0 pp