Pakistan, July 8 -- President Donald Trump announced the end of the memorandum of understanding with Iran ahead of the NATO summit in Ankara, declaring there would be no further negotiations with Tehran. The decision marks a major shift in US policy and raises fresh concerns over regional stability, global energy markets, and maritime security. Iran, international shipping companies, and countries dependent on Middle East oil exports are expected to feel the immediate impact.

Speaking in the Turkish capital, Trump strongly criticized Iranian officials, accusing them of dishonesty and claiming the United States had wasted significant time pursuing diplomacy. He alleged that Iranian leaders had targeted him personally for years and describ...