India, June 21 -- The United States and Iran are set to begin a new round of high-stakes negotiations in Switzerland on Saturday, as President Donald Trump warned that Washington could impose tolls on the strategically vital Strait of Hormuz if the talks fail to produce a final agreement.

The discussions come days after Trump and Iranian President Masoud Pezeshkian signed a 14-point interim agreement aimed at ending the Middle East conflict and paving the way for a broader settlement within 60 days.

High-level delegations arrive in Switzerland

The US delegation will be led by Vice President JD Vance, accompanied by Trump's special envoys Steve Witkoff and Jared Kushner.

Tehran's delegation is also reported to include senior officials ...