US-Iran peace talks in Switzerland are falling apart, bad news for anyone hoping for a quick Middle East deal.

• Iran's team walked out of the talks after Trump made public threats, including saying he'd "blow the S out of them" and take 20% of the oil.
• The US side and mediators say talks are still going, but Iran's state media says its delegation left in protest — so the picture is unclear.
• Israeli officials are openly pushing to keep bombing Iran and Hezbollah, and say they will ignore any US request to leave Lebanon.
• Iran says there will be no deal until the situation in Lebanon is resolved, and has filed a formal complaint over Trump's conduct.
• Pakistan and Qatar are now scrambling to keep the talks from collapsing.

Outlook: Talks may not resume soon, and with both Trump and Israel issuing threats, a real deal looks far off.