News | Commodity | Persian Gulf
Qatar calls for Persian Gulf coordination to implement the US and Iran memorandum of understanding
4 August 2026 | 3 months ago
Qatar's Foreign Ministry said Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani called on Monday, 3 August 2026 (12 Mordad 1405), for greater coordination among Persian Gulf states to implement the US and Iran memorandum of understanding, in separate calls with his counterparts in the United Arab Emirates, Saudi Arabia, Kuwait, Oman and Bahrain.
According to the ministry's statement, the talks focused on regional developments, particularly diplomatic efforts and joint coordination to reduce tensions and strengthen security and stability across the region, alongside bilateral cooperation. Al Thani stressed the need for all parties to remain committed to dialogue and diplomacy and to implement the provisions of the US and Iran memorandum of understanding, including ensuring freedom of navigation through the Strait of Hormuz.
The United States and Iran agreed a ceasefire in April 2026 and subsequently signed a Pakistan mediated memorandum of understanding in June aimed at ending their military conflict and reaching a lasting peace agreement. That deal collapsed last month, with the two sides exchanging attacks for nearly two weeks. The Strait of Hormuz carries the bulk of Persian Gulf oil exports, and the state of shipping through it bears directly on the oil market and on Iran's currency market.
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