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Talks between the U.S. and Iran are scheduled to last all week in Switzerland after an initial meeting Sunday. The two sides, with the U.S. team led by Vice President JD Vance, held first discussions on the memorandum of understanding that aims to come up with a concrete plan to end the war in 60 days.
Iran wants to see assets unfrozen and an end to the fighting between Israel and Iran-backed Hezbollah in Lebanon. The U.S. wants Iran to give up any nuclear ambitions, including the enrichment of uranium.
In the meantime, Iran has said the Strait of Hormuz, a vital oil corridor, remains closed to commercial traffic, while the U.S. says it’s completely open.
