Iran, US still in touch after failed talks in Islamabad – CBS
Engagement between Tehran and Washington has continued since the failure of the first round of Islamabad talks over the weekend, CBS News reported on Monday citing officials.
There is “forward motion on trying to get to an agreement,” the report added citing one official.
US markets closed higher on Monday with Nasdaq up 1.21 percent at 23,180, S&P 500 up 1.01 percent at 6,886, and Dow up 0.59 percent at 48,200.
Markets had rallied expecting a peace deal.
No peace deal achieved and Trump blockading the Strait….
And we’re at the same place as when a peace deal was expected.
Truly wild! pic.twitter.com/iPioxXA7hJ
— Adam Cochran (adamscochran.eth) (@adamscochran) April 13, 2026
BREAKING: President Trump issues a warning to Iran:
"If any of these ships come anywhere close to our blockade, they will be immediately eliminated, using the same system of kill that we use against the drug dealers on boats at Sea." pic.twitter.com/yJSRJuJCH7
— The Kobeissi Letter (@KobeissiLetter) April 13, 2026
Rabobank: "The US blockade isn’t aimed at stopping GCC energy and goods flowing, which they aren’t anyway, but will stop Iran exporting energy, or importing food, industrial parts, or weaponry by sea. The economic impact will be enormous, and in around 13 days, Iranian oil…
— zerohedge (@zerohedge) April 13, 2026
CHINA AND IRAN CAN WAIT OUT A BLOCKADE
Iran has built a large offshore crude stockpile that could help it and Chinese buyers withstand a Strait of Hormuz disruption for weeks or months.
Exports remain elevated at ~1.8–2.1M bpd, with most flows going to Chinese “teapot”…
— *Walter Bloomberg (@DeItaone) April 13, 2026