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Oil prices climb and global markets decline as US prepares for blockade of Iran's ports

Oil prices climb and global markets decline as US prepares for blockade of Iran's ports

Oil prices are climbing again as the U.S. military prepares to blockade Iranian ports and the Strait of Hormuz

The Latest: US-Vatican feud erupts over Iran as ship traffic comes to a halt in Strait of Hormuz

The Latest: US-Vatican feud erupts over Iran as ship traffic comes to a halt in Strait of Hormuz

Lloyd’s List Intelligence says ships have stopped moving through the Strait of Hormuz

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

By Florence Tan SINGAPORE, April 13 (Reuters) - Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could restrict Iranian oil shipments after the U.S. and Iran https://www.reuters.com/world/iran/ failed to reach a deal to end the war.

The Latest: US military says it will blockade Iranian ports after ceasefire talks end

The Latest: US military says it will blockade Iranian ports after ceasefire talks end

President Donald Trump said the U.S. Navy will swiftly begin a blockade of ships entering or leaving the Strait of Hormuz after U.S.-Iran ceasefire talks in Pakistan ended without an agreement

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

By Scott DiSavino NEW YORK, April 13 (Reuters) - Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran's ports nL6N40V09S, while Tehran threatened to retaliate against its Gulf neighbours' ports, raising fears of more energy

Unsettled and uncertain: What the Iran war means around the world as US and Iran enter talks

Unsettled and uncertain: What the Iran war means around the world as US and Iran enter talks

The long-term fallout of the war in Iran is only beginning to take shape, but this much is clear: The conflict has left the Middle East unsettled, alliances strained and the world facing uncertain shifts in the balance of economic and military power

The Latest: US and Iranian officials meet face-to-face in Islamabad ceasefire talks

The Latest: US and Iranian officials meet face-to-face in Islamabad ceasefire talks

The United States and Iran began face-to-face negotiations Saturday in Pakistan, days after a fragile, two-week ceasefire was announced

The Latest: Negotiations between US and Iran begin after progress in earlier indirect discussions

The Latest: Negotiations between US and Iran begin after progress in earlier indirect discussions

Negotiations began between the United States and Iran after progress in earlier indirect discussions

Trump says empty oil tankers heading to U.S. to load up with oil, gas

Trump says empty oil tankers heading to U.S. to load up with oil, gas

April 11 (Reuters) - U.S. President Donald Trump said on Saturday that many tanker ships are en route to the United States to transport oil and gas to other countries.

The Latest: Iranian delegation arrives in Pakistan for talks with the US

The Latest: Iranian delegation arrives in Pakistan for talks with the US

U.S. Vice President JD Vance is heading to Pakistan for high-level talks with Iranian officials, as Israel and Hezbollah traded fire and Tehran maintained its stranglehold on the Strait of Hormuz

The Latest: Face-to-face negotiations between US and Iran begin amid war's fragile ceasefire

The Latest: Face-to-face negotiations between US and Iran begin amid war's fragile ceasefire

The United States and Iran began face-to-face negotiations Saturday in Pakistan, days after a fragile, two-week ceasefire was announced

US and Iranian officials arrive in Pakistan for peace talks

US and Iranian officials arrive in Pakistan for peace talks

Top American and Iranian officials are in Pakistan for the first round of talks on how to convert the two-week ceasefire into lasting peace, But the ceasefire faced new hurdles on Saturday as officials publicly outlined competing preconditions and claims of leverage in negotiations