US, Iran Forge 60-Day Roadmap in Switzerland Amid Strait of Hormuz Tensions
High-level US and Iranian delegations wrapped their first round of talks in the Swiss resort of Buergenstock with mediated support from Qatar and Pakistan. They agreed on a 60-day roadmap leading to a final deal and set up channels to reopen the Strait of Hormuz and end hostilities in Lebanon. Under last week’s memorandum, US Vice President J.D. Vance and Iranian officials extended a ceasefire while discussing nuclear issues, oil export waivers and the release of frozen assets. Iran’s foreign minister also announced a reconstruction and development plan for his country. The sessions opened amid threats from President Trump to resume attacks if Iran shut the strait again. Iran briefly halted maritime traffic, causing a steep drop in oil shipments before resuming negotiations. Separate accounts reveal moments of tension, but talks pressed on through the weekend as mediators built deconfliction mechanisms to keep the waterway open.
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