There are two separate kinds of answers, one is about written English and one is about spoken English.
Contra the enlightenment philosophes, the written version is both boring and easy - either keep the notation (this is the best) or if you find that somehow (I can't think of why) you -must- literally spell everything out:
(p ∧ q) <---> r is written as "p and q, if and only if r"
and
p ∧ (q <---> r) is written as "p, and q if and only if r"
This gives a hint (or presages, or anticipates, or is backwardly inspired by) the spoken version.
In general, mathematical formulas, to speak them out as unambiguously as positive, implement parantheses, which mark subformulas, by appropriate pauses. For example,
a + b*c
where b is multiplied by c then that quantity is added to a, is pronounced
a (pause) plus b times c
and pauses are often written as commas.
If you wanted to pronounce (a + b)*c You'd pronounce it as:
a plus b (pause) times c
or often, to emphasize the constituents and remove more ambiguity:
The quantity a plus b times c
or
a plus b quantity times c.
The logical statements you have work the same:
p and q (pause) if and only if r
and
p (pause) and q if and only if r
(It is an exercise for the reader to use 'quantity' here)
Of course, mathematical notation, being so formal, is often more easily transmitted more accurately via writing. But if you must pronounce it outloud (as in a class) 'pauses' work well for short phrases.