Tehran: Iran's Foreign Ministry has strongly condemned the United States' revocation of its waiver for Iranian oil sanctions as a violation of the memorandum of understanding (MoU) between the two sides, saying Washington bears full responsibility for any consequences arising from the breach.

According to Islamic Republic News Agency, the ministry issued a statement early Wednesday, hours after the US Treasury Department revoked the temporary waiver issued under the MoU that had allowed Iran to sell oil. The MoU, electronically signed by the presidents of Iran and the United States on June 18, provides a framework for negotiations between Tehran and Washington aimed at permanently ending the war launched by the US and Israel against Iran on February 28. The document followed months of negotiations, mainly facilitated by Pakistan, and is known as the Islamabad Memorandum.

The statement from the Iranian ministry noted, 'Less than 20 days after the Islamabad Memorandum of Understanding was signed, the announcement revoking the general license issued on June 21 is yet another indication of the US administration's bad faith, inconsistency, and unreliability.' It continued, explaining that the revocation occurred after the United States had already committed both major and minor violations of the MoU over the past 20 days, either directly or through Israel's actions in Lebanon.

The ministry emphasized that Iran has made every effort to fulfill its commitments under the MoU, 'with good faith and using all its capacities,' while Washington, acting in line with its longstanding practice, has sought to justify its own violations under various pretexts. The statement warned of the consequences of the US violations, emphasizing that Iran will take any measures it deems necessary to safeguard its national security and interests.