Iran Threatens Retaliation Over US Economic War Ahead of Swiss Peace Talks

Iran warned that any nation supporting the United States in its “economic war” could face retaliatory measures, citing potential sanctions and disruption of trade routes, especially in the strategic Strait of Hormuz.

United States officials countered the claim, stating they have no intention to escalate tensions and maintain that their naval presence in the Hormuz corridor is purely for freedom of navigation and regional stability.

Switzerland is set to host the next round of diplomatic talks, where Iranian and American delegations will meet to discuss a cease‑fire extension and possible de‑escalation steps, according to reports from multiple news outlets.

President Trump urged JD Vance to travel to the Swiss talks, describing the meeting as a “last chance” for a deal and emphasizing the need for a swift resolution to avoid further economic damage.