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U.S.-Iran talks to begin on Sunday in Switzerland (XLE)

Jun 20, 2026, 12:50 PM ETState Street Energy Select Sector SPDR ETF (XLE), USO, CL1:COM, UNGUCO, DBO, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COM, XB1:COMBy: Dulan Lokuwithana, SA News Editor
USA and Iran flags waving together.

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The U.S. and Iran will initiate peace talks in Burgenstock, Switzerland, on Sunday, Pakistan announced, even as Tehran closed the Strait of Hormuz, citing alleged ceasefire violations in Lebanon.

The technical-level negotiations are a follow-up to a memorandum of understanding

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