The first high-level US-Iran talks in Switzerland wrapped Monday with mediators Qatar + Pakistan announcing a 60-day roadmap to a final deal. Technical teams will keep negotiating through the week.
Key points:
• Strait of Hormuz reopened for 60 days of “toll-free travel” under the interim agreement
• Iran says it won’t seek nuclear weapons but won’t relinquish uranium enrichment rights
• US froze some assets and will allow Iranian oil exports under waivers, pending later negotiation
• Markets reacted: Gulf stocks edged up, Brent crude dipped to $78.89
Trump warned attacks would resume “only harder” if Iran doesn’t restrain Hezbollah allies in Lebanon. Talks were briefly canceled after fighting flared in Lebanon.