Vance, Iranian officials end first round of talks in Switzerland, move to next phase

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. U.S. and Iranian officials held negotiations in Switzerland over Tehran's nuclear program and regional security concerns, as Iranian leaders dismissed President Donald Trump's Strait of Hormuz warning as an 'empty bluff.' Vice President JD Vance, Steve Witkoff and Jared Kushner concluded the first round of U.S.-Iran talks in Switzerland after more than 10 hours of negotiations. Pakistan and Qatar mediated the talks and said lower-level negotiations will continue this week. U.S. and Iranian negotiators discussed Tehran's nuclear program, the Strait of Hormuz and security issues in Lebanon. Mediators said the two sides agreed to establish a Lebanon "de-confliction" mechanism aimed at supporting the ceasefire. President Donald Trump has warned the U.S. could impose tolls in the Strait of Hormuz or take further action if diplomacy fails. Iran dismissed T