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Swiss Follow-Up Talks Scrapped One Day After Trump–Pezeshkian Interim Peace MOU

Less than 24 hours after President Trump and Iranian President Masoud Pezeshkian inked a 60-day cease-fire memorandum, the 19 June technical talks in Bürgenstock were abruptly canceled and Vice-President J.D. Vance’s trip called off, throwing immediate doubt on implementation.

By Underlines Team

Focusing Facts

  1. The Swiss Foreign Ministry confirmed 19 June 2026 talks at Bürgenstock were “not proceeding as planned,” and the White House canceled Vance’s travel the same day.
  2. The 17 June 2026 MOU promises reopening of the Strait of Hormuz, lifts some U.S. sanctions, and envisions up to US$300 billion in private reconstruction funds for Iran, with a 60-day window to negotiate a permanent accord.
  3. Oil fell to its lowest level since the war began while the S&P 500 jumped roughly 1 % on 18 June after the deal was announced.

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