US-Iran talks collapse; Strait of Hormuz blockade announced amid warnings of supply chain chaos

The failure of U.S.-Iran peace negotiations over the weekend has triggered mounting tensions in the Gulf and sent ripples across global markets. Marathon talks between Washington and Tehran in Islamabad ended in deadlock, prompting U.S. President Donald Trump to announce an immediate blockade of Iranian ports, including the vital Strait of Hormuz. The blockade measure, disclosed by U.S. military sources, was set to take effect Monday at 10 a.m. U.S. time, sparking fears of disruption to critical