Negotiations to end the conflict between the United States and Iran were interrupted after a new round of military attacks in the Gulf. The pause comes after American forces struck Iranian targets in response to recent actions against commercial vessels in the Strait of Hormuz.
Despite the suspension, representatives from both sides remain in Switzerland, awaiting authorization to resume dialogue. A source involved in the talks indicated that there was no definitive cancellation, only a temporary interruption amid the military escalation.
A member of the government of the current US president, Donald Trump, stated that the talks remain on schedule. “Nothing was canceled”, he said. “Technical talks on the implementation of the [memorandum of understanding] are on schedule for the coming days.”
Later reports indicate the possibility of a ceasefire and a new meeting later this week, although there is no independent official confirmation at this time.
Tensions increased after Trump’s statements on Sunday, when he again threatened Iran with extreme measures. “United States aircraft have just attacked Iranian missile and drone storage sites, as well as coastal radar stations, for violating the Ceasefire Agreement, ONCE AGAIN!” he wrote.
In another post, the president reinforced the tone: “There may come a time when we will no longer be able to be reasonable and will be forced to conclude militarily the work we began so successfully. If that happens, the Islamic Republic of Iran will cease to exist!”
The attacks intensified after an oil tanker was struck near the strait, a strategic route for global oil transport. US Central Command reported that ten Iranian military targets were hit in the region.
Iran responded with missile and drone launches against American positions in Kuwait and Bahrain, expanding the scope of the conflict. Local authorities reported aerial interceptions during the early morning, while Gulf governments condemned the escalation.
Even amid the clashes, the flow of commercial ships remains active in the region. In the market, oil fell, reflecting less immediate concern about supply disruptions.
The geopolitical escalation is also reverberating among cryptocurrency investors, who are monitoring possible indirect impacts on global capital flows and risk aversion.