Vance Heads to Switzerland for US-Iran Talks, Hormuz Closes | Bloomberg This Weekend: June 21, 2026

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Here are the stories we’re covering today:
– US-Iran talks on a permanent ceasefire were set to kick off Sunday with top officials including US Vice President JD Vance converging in Switzerland, even after Iran issued a renewed order to close the Strait of Hormuz. The two adversaries are engaging after separate clashes in southern Lebanon between Israeli forces and Iran-backed Hezbollah fighters delayed the start of talks. They’re a few days into a 60-day window for negotiations after reaching a memorandum of understanding that President Donald Trump signed on Wednesday during a visit to Paris, though the deal allows for an extension.
– President Donald Trump said the prospect of global economic collapse was a big reason he signed an interim peace deal with Iran. That admission exposes a key US weakness heading into the next round of talks with Tehran.
– Iran said it has closed the Strait of Hormuz for shipping transit due to what it called Israel’s violation of a ceasefire, even as Pakistan said US-Iran talks were set to open in Switzerland on Sunday.

Today’s show includes conversations with:
– Dan Dicker, Founder & Author, “The Energy Word”
– Baroness Beeban Kidron, Author, “Users: How Big Tech Took Control and How to Fight Back”
– Arsenio Dominguez, Secretary-General, UN International Maritime Org.
– Mark Esper, former US Defense Secretary
– Sen. Raphael Warnock (D-Georgia)
– Kevin Maguire, Author, “The New Fatherhood”

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