Trump threatens fresh Iran strikes as Vance leads Switzerland peace talks
President Trump threatened fresh airstrikes on Tehran within hours of Vice President Vance opening the first direct US-Iran talks in Switzerland under a memorandum of understanding signed a week ago. Iranian negotiators briefly walked out before returning to the table. Brent crude pushed above $81 a barrel.
President Donald Trump posted on Truth Social Sunday that the United States would strike Iran's military sites "very hard, once again" if Tehran failed to honor the agreement terms. The post landed while Vice President J.D. Vance was holding his first face-to-face meeting with Iranian Foreign Minister Abbas Araghchi in Geneva.
A White House official told CNBC the talks covered enrichment caps and a sanctions-relief schedule set out in the memorandum of understanding signed a week ago. The Iranian delegation briefly walked out after Trump's post, returning after Pakistani and Qatari mediators intervened, and negotiations continued through the night.
Markets reacted to the threat: Brent crude climbed to $81.40 a barrel, S&P 500 futures slipped 0.4 percent. Goldman Sachs oil strategists warned that a collapse of the talks could push Brent toward $95 in the near term, with refining margins in Asia particularly exposed.
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