The US violated the Iran nuclear deal memorandum of understanding by never intending to actually fulfill it; specifically, the US instructed the UAE to refuse to return $12 billion in frozen Iranian assets that was supposed to be the token first payment to signal good faith.

factualpending

Speaker

Michael Hudson

Evidence Quote

the whole agreement was to be put in motion by this payment of at least a token sum of $12 billion...Hegseth said, well, he's worked with the Emirates to say don't give them a penny. And so the Emirates and Bahrain and other countries have said we're not going to give return any of this 12 billion much less 100 billion to Iran.

Source

Michael Hudson: The U.S. Plan to Revive Geoeconomic DominanceGlenn Diesen
Created: 8/12/2026, 5:57:21 PM

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