# U.S.-Iran talks held over the weekend in Islamabad failed to produce a breakthrough, casting doubt on the fragile two-week ceasefire.

*business · news · 2026-04-13 · Livemint*

## Key points

- U.S.-Iran ceasefire talks in Islamabad failed, ending hopes for a quick resolution.
- The U.S. will enforce a maritime blockade on Iranian ports starting Monday at 10 a.m. ET.
- Brent crude surged 6.8% to just below $102 per barrel after the blockade announcement.
- Japan’s 10-year bond yield hit 2.49%, its highest level since 1997, amid inflation concerns.
- Gift Nifty indicates a 358-point gap-down opening for Indian indices, reflecting global tensions.

**Countries:** India, United States, Iran, Japan, Australia, Hong Kong, China

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