The Iranian team lost to Egypt 62-59 in Group A.
Iran had already lost to USA 83-53.
Farzad Kouhian’s boys will play Croatia on Tuesday.
Following completion of the preliminary round, all 16 teams advance to the round of 16 that will be played on July 1.
The winners advance to the medal-round quarterfinals on July 3, while the round of 16 losers will compete out for 9th-16th places.
The semifinals are on July 4, and the final will take place on July 5.