The Islamabad talks collapsed. Twenty-one hours of negotiations in Pakistan, the first face-to-face between the US and Iran since 1979, and it ended with nothing. Oil futures jumped seven percent. And the President of the United States did all of this from a golf club in Florida after spending Saturday night at a UFC fight in Miami where the crowd booed him. And starting today, Monday, April 13th, the US is escalating once again, declaring a full blockade of Iranian ports by the US Navy. Brian Becker and Layan Fuleihan discuss.
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