US and Iran Schedule Peace Talks Then Instantly Cancel Them Like A Tinder Date
KEY POINTS
- ā¢Peace talks between the US and Iran slated for Sunday evening collapsed before starting, causing oil prices to spike globally.
- ā¢Trump threatened serious destruction to Iranian infrastructure amid naval confrontations including the US Navy disabling an Iranian cargo ship.
- ā¢The closure of the Strait of Hormuz led countries like the Philippines to enact energy-saving measures such as a four-day workweek.
In a spectacle worthy of reality TV, peace talks between the US and Iran crumbled before they even got cozy on a Sunday night in New York. Brent crude oil flirted wildly with $97 a barrel, up 7%, while WTI played a slightly less dramatic game at $88. The Strait of Hormuz, that Persian Gulf magical pipe channeling 20% of the worldās oil, remains closed thanks to tit-for-tat naval tantrums. Trump, ever the negotiator-from-a-distance, threatened to 'knock out every single power plant and bridge in Iran' just before Iran ghosted the negotiation party citing US 'excessive demands' and persistent naval drama. Meanwhile, the Philippines joyfully imposed a government four-day workweek to combat soaring fuel prices, because nothing screams international crisis like a forced vacation. Oh, and the US Navy blew a hole through an Iranian cargo ship's engine room for fun. Peace, apparently, is hard.
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(1 of 3)Source: Businessinsider | Published: 4/19/2026 | Author: Lauren Edmonds