US Vice President Arrives in Switzerland as Iran Threatens Key Oil Route

📡 CNBC Top News · 1 min read ·
U.S. Vice President Vance has arrived in Switzerland for talks with Iranian negotiators. The meeting comes after Iran’s military announced it had closed the Strait of Hormuz in response to continued Israeli strikes in Lebanon. The Strait of Hormuz is a narrow waterway between the Persian Gulf and the Gulf of Oman. About one-fifth of the world’s oil passes through it. The United States says the strait remains open for navigation. The talks in Switzerland aim to reduce tensions. Iran’s closure threat follows weeks of Israeli military operations in Lebanon. The U.S. has not confirmed any disruption to shipping traffic in the region.