US, Iran Delay Start of Nuclear Talks as Lebanon Clashes Resume

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(Bloomberg) — The US and Iran have postponed the start of their negotiations over a permanent peace deal and restricting the Islamic Republic’s nuclear program.

Financial Post

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It’s unclear why the talks, meant to be held in Switzerland on Friday, have been delayed, though Israel and Iran-backed Hezbollah militants clashed overnight in Lebanon. Iran has insisted on a ceasefire in Lebanon as part of an interim deal with the US that was signed this week.

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The Israeli military said it struck Hezbollah forces and militants throughout the night in southern Lebanon. Its attacks killed 16 people, Lebanon’s state-run National News Agency reported.

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Strains between the US and Israel over Lebanon are growing. Trump has sworn at Israeli Prime Minister Benjamin Netanyahu in calls, accusing him of almost scuppering the memorandum of understanding with Iran by conducting strikes in Lebanon. Israel insists it will keep troops in across its borders until it’s sure Hezbollah, designated a terrorist organization by the US, is no longer a threat to its northern communities.

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Switzerland’s Foreign Ministry announced on Friday morning the talks were “postponed,” without giving a reason. “Switzerland remains ready to facilitate these talks,” it said in a statement. “The relevant preparatory work” at the host resort of Burgenstock is continuing.

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Late Thursday, the US said Vice President JD Vance, its lead representative, would not be departing for the face-to-face negotiations with Iran in Europe.

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Similarly, Iranian Parliament Speaker Mohammad Bagher Ghalibaf, set to head his country’s delegation, isn’t thought to have left for Switzerland.

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Washington and Tehran were meant to begin talks on a so-called “final agreement” for the memorandum of understanding that US President Donald Trump and Iranian counterpart Masoud Pezeshkian signed on Wednesday.

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A White House spokesperson cited logistical challenges for the delay in the Swiss talks. The spokesperson said an American delegation is prepared to depart at the first available opportunity.

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The MOU has led to the US lifting a naval blockade of Iranian ports and Iran saying it will reopen the Strait of Hormuz. They have agreed to extend their ceasefire during the new round of talks, which are meant to finish within 60 days, but can be extended.

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The sides will try to agree on restricting Iran’s processing of uranium, possibly for a decade or more, and destroying or diluting its existing stocks of highly-enriched uranium.

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The US and Israel started bombing Iran on Feb. 28, saying they needed to stop the country building an atomic weapon. Tehran’s long denied wanting to do that but has enriched uranium to far beyond the levels needed for nuclear power plants.

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The war caused energy prices to soar and pushed up inflation globally. Thousands of people died across the Middle East, mainly in Iran and Lebanon, while US allies such as the United Arab Emirates and Qatar were targeted with thousands of Iranian drones and missiles.

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