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Sign InNuclear negotiations between the United States and Iran in Islamabad have reportedly collapsed, leading to a significant escalation in geopolitical tensions. The US is set to initiate a comprehensive blockade against Iran starting Monday at 10 a.m. to eliminate the country's remaining revenue streams. This strategic move aims to secure control over the Persian Gulf and ensure energy security for global and Asian economies. The blockade poses a direct threat to oil supply stability through the Strait of Hormuz, potentially triggering a sharp rally in Brent Crude and WTI prices. Market participants are bracing for increased volatility, with gold (XAU/USD) likely to attract safe-haven flows amid the heightened risk. Global equity markets, including the SPY, may face downward pressure as energy cost concerns and conflict fears intensify.