High-level talks between the US and Iran that were initially scheduled for Friday in Switzerland are now off, the Swiss foreign ministry says.
"The planned talks between the US, Iran, Qatar and Pakistan have been postponed. Switzerland remains ready to facilitate these talks. The relevant preparatory work at Bürgenstock is continuing. No further information can be provided at present," the Swiss Federal Department of Foreign Affairs said in a statement to Business Insider.
The trip was initially meant to solidify an agreement struck between Tehran and the US to bring an end to the conflict in Iran.
President Donald Trump and Iranian President Masoud Pezeshkian on Wednesday signed an interim deal to end the war.
The 14-point memorandum of understanding (MOU) on Wednesday involved an agreement to halt military operations in the region — a reprieve from four months of conflict.
The MOU opened a 60-day timeframe for negotiations on Iran's nuclear armaments, while creating a window for oil to start moving through the Strait of Hormuz — a crucial waterway through which 20% of the global supply of liquefied natural gas and oil flows.
This is a developing story. Check back for updates.
