Switzerland hosts renewed Iran-US technical ceasefire talks
PUBLISHED Jun 29, 2026, 7:49 AM ET
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Iran and the United States have resumed technical-level negotiations in Switzerland despite escalating military tensions near the Strait of Hormuz. Talks began Monday, June 29, at the Burgenstock resort, under a June 17 memorandum of understanding, Iranian officials said. Delegations, led on the Iranian side by deputy foreign minister Kazem Gharibabadi, are addressing nuclear issues, sanctions, monitoring mechanisms and dispute-resolution procedures, with sessions expected to continue through the week. The diplomatic efforts follow two days of military exchanges, including an Iranian one-way attack drone strike on the Panama-flagged oil tanker Kiku and subsequent US strikes on ten Iranian military targets.
By Yusra M. | JQJO News
Timeline of Events
- June 17 Ceasefire memorandum of understanding signed
- Saturday Oil tanker Kiku struck near Hormuz
- Saturday US attributes attack to Iranian drone
- Saturday Kiku reported carrying crude oil cargo
- Sunday US and Iran exchange military strikes
- Sunday Ceasefire comes under severe strain
- Monday June 29 Technical talks resume in Switzerland
- This week Negotiators discuss nuclear and sanctions issues
News Intelligence
- These talks could affect global oil prices. If tensions escalate, prices may rise. That could mean higher gas costs for you. Keep an eye on your local gas prices.
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