Iran’s Foreign Minister Seyed Araghchi, on June 28, 2025, voiced “serious doubts” about Israel’s commitment to a U.S.-Qatar-mediated ceasefire, following a 12-day conflict in June that killed 224 Iranians and 24 Israelis.
In a televised address, Araghchi stated, “There is no concrete agreement on cessation of hostilities,” citing Israel’s continued military deployments near Iran’s borders. The ceasefire, brokered on June 23, followed Iranian missile strikes and Israeli airstrikes that caused $5 billion in damage to Iran’s Fordow, Natanz, and Isfahan nuclear facilities, halting 60% of Natanz’s operations.
The conflict, sparked by Iran’s alleged support for regional proxies, has driven oil prices to $70 per barrel, with Iran’s 1.5 million daily oil barrels at risk. Iran’s suspension of IAEA inspections on June 24, coupled with its 408.6 kilograms of 60% enriched uranium, has raised fears of a nuclear arms race.
Araghchi accused Israel of violating truce terms, while Netanyahu insists on maintaining defensive measures. Diplomatic efforts, led by Qatar, aim to resume talks in Q4 2025, but analysts warn of a 30% risk of renewed conflict, threatening global energy markets.