US and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz Open

June 22, 2026, 2:54 AM UTC

The US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, mediators said, even as President Donald Trump again threatened strikes if Hezbollah keeps attacking Israel.

US Vice President JD Vance and Iranian Foreign Minister Abbas Araghchi were among the participants in the talks in Bürgenstock, Switzerland. “Encouraging progress has been made including the creation of a mechanism for further technical talks,” mediators Qatar and Pakistan said in a joint statement. The parties agreed on a roadmap toward reaching a final deal within 60 days.

WATCH: The US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, according to mediators Qatar and Pakistan. Bloomberg’s Stuart Livingstone-Wallace breaks down what we know so far. Source: Bloomberg

The ...

Learn more about Bloomberg Government or Log In to keep reading:

See Breaking News in Context

Providing news, analysis, data and opportunity insights.

Already a subscriber?

Log in to keep reading or access research tools and resources.