We have more analysis for you from Dania Thafer, executive director at Gulf International Forum.
There is still “a degree of interest on both sides, Iran and the US”, to move forward with negotiations, Thafer told Al Jazeera.
“The US has said that progress on the MoU is ‘performance-based’, and therefore, as long as Iran moves forward with a certain behaviour such as allowing the right of passage through the Strait of Hormuz, the US will move forward with what was promised to Iran”, Thafer added.
Still, Thafer said that a huge gap remains between the two sides, identifying “the gray areas of this MoU”.