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Oil Market Volatility (April 2026)
Percentage price change of major crude oil benchmarks following the collapse of peace talks.
Primary Sources
Trump Claims Iran 'Called' After Failed Islamabad Talks, Says ... - News18
Last Updated:April 13, 2026, 23:47 ISTTrump said Washington had been contacted by the other side after the Islamabad discussions ended without agreement.US President Donald Trump (IMAGE: AP PHOTO) US President Donald Trump on Monday said Iranian representatives had reached out following the failure of Pakistan-mediated talks on the weekend, claiming that Tehran is now keen to return to negotiations for a peace deal.Speaking to reporters outside the Oval Office, Trump said Washington had been contacted by the other side after the Islamabad discussions ended without agreement.Recommended StoriesUS-Israel-Iran War LIVE Updates: JD Vance Says Washington Pushing ‘Grand Bargain’ With TehranTrump Hints Another Round Of US-Iran Talks; Israel-Lebanon To Hold Direct Negotiations | Top Updates‘Doesn't He Look Like Barack?’ Joe Biden Compares Syracuse Trustee With Ex-President, Sparks Row‘Economic Fury’: US Refuses To Extend Iran Oil Sanctions Waiver Amid Homruz Blockade“I can tell you that we’ve been called by the other side. They’d like to make a deal. Very badly, very badly," Trump told reporters, without identifying which officials had called.President Trump on talks with Iran: “I can tell you that we’ve been called by the other side. They’d like to make a deal, very badly." pic.twitter.com/OhAVsrcZwe— Trump War Room (@TrumpWarRoom) April 13, 2026He added that US team involved in the negotiations had played a strong role in the discussions. “Vance, Witkoff and Kushner did a great job," Trump said, referring to Vice President JD Vance, special envoy Steve Witkoff and his son-in-law Jared Kushner.ALSO READ: ‘Explosion Came From US’: Netanyahu Denies His Call With Vance Derailed Iran TalksTrump stressed that the core issue remains Iran’s nuclear programme, reiterating that Tehran must not be allowed to develop nuclear weapons.“Iran will not have a nuclear weapon, and we agreed to a lot of things, but they didn’t agree to that… If they don’t agree, there’s no deal. There’ll never be a deal. Iran will not have a nuclear weapon," he said.Additionally, when asked by reporters whether a deal would be reached with Iran before the end of the two-week ceasefire, Trump said it would not be “pleasant" for Tehran if no agreement is reached, without elaborating further.Trump’s comments came after a delegation led by Vance returned from talks with Iranian officials in Islamabad on Saturday without securing a deal to end the war that began on February 28 following deadly US and Is...
US-Iran Ceasefire Talks Collapse:Trump-Iran play blame game, posture ...
US Vice President JD Vance said marathon talks with Iran in Pakistan ended without a deal, as Tehran refused to commit to abandoning a nuclear weapon. Discussions covered Iran’s nuclear programme and the Strait of Hormuz, according to Iran’s foreign ministry. Donald Trump said the outcome “makes no difference”, while Iran described talks as “intensive” and urged the US to avoid “excessive demands and unlawful requests.” Follow our live coverage for the latest developments in the region.06:29 AM, 13 April 202603:25 AM, 13 April 2026Oil prices jump , WTI soars to $104 as Mideast talks failOil prices jumped in early trading Monday, with US and global benchmarks climbing sharply amid heightened tensions in the Middle East and investor concern over potential supply disruptions through key shipping lanes.As of 7:19 am (Asia time) on April 13, West Texas Intermediate crude traded at $104.8 a barrel, up $8.24 or 8.53% in the last 10 minutes. Brent crude, the international benchmark, stood at $102.7, up $7.54 or 7.92%. Murban crude slipped 1.47% to $98.16. 02:25 AM, 13 April 2026US to begin blockade of Iranian ports on Monday: militaryThe US military said it would begin a blockade of all Iranian ports "within hours", after peace talks in Pakistan collapsed with Washington blaming the Islamic republic's refusal to abandon its nuclear ambitions.The announcement came despite a ceasefire agreed on Wednesday aimed at pausing the six-week war until April 22, with tensions centred on whether the United States can force Iran to reopen the strategic Strait of Hormuz, another of its key demands in the stalled negotiations.02:25 AM, 13 April 2026Lebanon PM says 'working' to get Israeli troop withdrawalLebanese Prime Minister Nawaf Salam said Sunday he was working to stop the Israel-Hezbollah war, even as Israeli premier Benjamin Netanyahu told troops in south Lebanon that the fight there was far from over.02:12 AM, 13 April 2026Iran says was 'inches away' from deal with US in IslamabadIran says was "inches away" from deal with US in Islamabad, French news agency AFP reported.The talks in Islamabad ended without an agreement. Iran’s foreign ministry has publicly said Tehran entered the high-stakes negotiations in Islamabad in “good faith” and came close to an agreement with US officials, but ultimately no deal was reached after 21 hours of face-to-face talks aimed at stabilising the fragile ceasefire and ending the ongoing Middle East conflict. 01:58 AM, 13 April 2026Trump pre...
Trump says Iran talks could resume as U.S. blocks Iranian ports : NPR
President Trump said a second round of direct U.S.-Iran peace talks could resume in Pakistan within the next two days, even as he instituted a naval blockade of all Iranian ports.
Trump says Iran peace deal could be reached 'soon' after Tehran reopens ...
Tehran maintains that its nuclear programme is intended for civilian purposes only. Although Trump told Reuters the US would remove Iran's highly enriched uranium, Baghaei was quick to deny the claim.
