Expected Switzerland negotiations would be the first significant direct engagement since April 2026, with nuclear issues, regional security, sanctions relief and Strait of Hormuz shipping and navigation rights on the agenda.
The United States and Iran are expected to hold a new round of talks next week in Switzerland, which Axios said would mark the first significant direct engagement between the two countries since April 2026. The reported agenda includes nuclear disarmament, regional security, sanctions relief and maritime issues centered on the Strait of Hormuz, including shipping routes and navigation rights. U.S. participants have included Vice President JD Vance and envoys Steve Witkoff and Jared Kushner, while Foreign Minister Abbas Araghchi and parliament speaker Mohammad Ghalibaf have led the Iranian side; Pakistan and Qatar have also acted as mediators. Reports also say Tehran is seeking strategic leverage over the Hormuz chokepoint. A June 17 ceasefire memorandum of understanding briefly steadied markets, but President Trump said on July 10 that the ceasefire was over, while another report said a fragile ceasefire was still narrowly holding.