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Iran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in Switzerland have led to agreements on oil exports, asset releases, and a development plan for Tehran. A roadmap for a final deal within 60 days has been established, alongside a de-confliction cell for Lebanon and a communication line to ensure safe passage in the Strait of Hormuz.

Iranian Foreign Ministry spokesperson Esmail Baghaei on Sunday (local time) said that US President Donald Trump's threats against the Islamic Republic during ongoing technical talks as part of the 14-point memorandum of understanding (MoU) led to the suspension of the quadrilateral meeting between the US, Iran, Qatar and Pakistan in Switzerland, even as discussions continued on Iranian oil sales, frozen asset releases, and mechanisms related to maritime security in the Strait of Hormuz.

Peace talks between the U.S. and Iran in Switzerland faced immediate tension as Tehran announced the closure of the Strait of Hormuz again, prompting Trump to reiterate threats of renewed attacks. Despite conflicting accounts of the negotiations, discussions reportedly covered the Strait, Lebanon and nuclear issues.

Discussions on maintaining the ceasefire in Lebanon, ensuring the continued opening of the Strait of Hormuz, and addressing key aspects of a potential nuclear agreement dominated the first round of technical talks as part of the 14 point memorandum of understanding (MoU) between the US and Iran in Switzerland, Axios reported, citing a US diplomat familiar with the negotiations.

JD Vance met Iranian officials in Switzerland as US-Iran peace talks continued, but tensions flared over Iran's renewed closure of the Strait of Hormuz. | World News

As JD Vance meets Iranian officials in Switzerland to advance a fragile ceasefire, Donald Trump is escalating the pressure. The U.S. president warned Iran against closing the Strait of Hormuz, threatened severe military action, and vowed consequences if Tehran or its regional proxies derail ongoing negotiations.

US President Donald Trump on Sunday disclosed that he held talks with Iranian officials overnight on Saturday, issuing a stern warning to Tehran against any attempts to block the strategically critical Strait of Hormuz and threatening severe repercussions if such action is taken.

US and Iranian negotiators held talks in Switzerland on an interim deal covering the war, the Strait of Hormuz and Lebanon. The meeting highlighted a fragile ceasefire as shipping risks, military warnings and domestic pressure mounted.

President Donald Trump warned Iran to stop its proxy groups in Lebanon and threatened tougher military action if tensions escalate. He also said the United States could take control of the Strait of Hormuz, become its "guardian angel" and collect a share of the oil passing through it.

Trump also said the US could become the 'Guardian Angel' of the Strait of Hormuz and start collecting tolls if Iran attempted to close the vital energy corridor.