The USIran talks in Switzerland have been called off
News Source : Business Insider
News Summary
- Strait of Hormuz crossings reached 25 on 18 June, marking a notable increase in daily maritime activity.
- Traffic was evenly distributed across both directions, with most vessels following established Iranian route patterns.
- The waterway has been closed since February 28, sending oil prices shooting up and setting off what the International Energy Agency said in March was the largest disruption ever seen in global oil markets.
- Under the agreement President Donald Trump and Iranian President Masoud Pezeshkian signed, commercial ships can resume traveling through the strait.
JD Vance was meant to travel to Switzerland on Friday for USIran talks. That dialogues not happening as scheduled, the Swiss foreign ministry said.
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