In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz [AFP]Published On 21 Jun 202621 Jun 2026United States Vice President JD Vance has arrived in Switzerland for talks with Iran days after they signed a memorandum of understanding (MoU) aimed at ending the US-Israel war on Iran, which had sent oil prices soaring above $100 per barrel and rattled international markets.
The latest round of talks mediated by Pakistan and Qatar is scheduled on Sunday as Israel has intensified attacks on Lebanon, killing dozens of people on Saturday.
Iran’s Islamic Revolutionary Guard Corps (IRGC) announced on Saturday that it was closing the Strait of Hormuz, accusing Israel of violating the ceasefire in Lebanon. The Iranian delegation, including parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi, has also arrived in Switzerland.
Here’s what we know about the conflict, which has entered its 114th day: