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US, Iran may resume talks this week despite port blockade

· 2 min read

BBC:

ISLAMABAD/WASHINGTON/DUBAI, April 14 (Reuters) – Negotiators from the U.S. and Iran could return to Islamabad this week to resume talks to end the war, sources ​told Reuters on Tuesday, after the collapse of weekend negotiations prompted Washington to impose a blockade on Iranian ports.

While the U.S. blockade drew angry rhetoric from Tehran, signs that diplomatic engagement might ‌continue helped calm oil markets, pushing benchmark prices below $100 on Tuesday.

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The highest-level talks between the two adversaries since the 1979 Islamic Revolution ended in the Pakistani capital without a breakthrough at the weekend, raising doubts over the survival of a two-week ceasefire that still has a week to run.

However, a source involved in the talks said on Tuesday both countries could return as early as the end of this week, and that a proposal had been shared with Washington and Tehran to resend their delegations.

“No firm date has been set, with the delegations ​keeping Friday through Sunday open,” a senior Iranian source said.

U.S. President Donald Trump said Iran had been in touch on Monday and wanted to make a deal, adding that he would not sanction any agreement ​that allowed Tehran to possess a nuclear weapon.

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Since the United States and Israel began the war on February 28, Iran effectively shut the Strait of Hormuz to nearly ⁠all vessels except its own, saying passage would be permitted only under Iranian control and subject to a fee. Nearly a fifth of global oil and gas supplies previously flowed through the narrow waterway, making the fallout widespread.

In ​a countermeasure, the U.S. military said it began blocking shipping traffic in and out of Iran’s ports on Monday. Tehran has threatened to hit naval ships going through the strait and to retaliate against its Gulf neighbours’ ports.

A day ​into the U.S. blockade, there had yet to be reports of Washington taking direct action against shipping to enforce it.

Shipping data showed at least three Iran-linked tankers transiting the Strait of Hormuz that were not heading to or from Iranian ports.

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