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Iran, U.S. Trade Threats After Peace Talks Collapse

14 min•13 april 2026

A.M. Edition for April 13. The U.S. plan to blockade the Strait of Hormuz sets up a risky new showdown that could draw American forces into a prolonged conflict over the strategic waterway, while compounding the economic damage caused by the conflict. Plus, Trump ally Viktor Orban loses Hungary’s election in a historic landslide. WSJ correspondent Matthew Luxmoore has the latest from Budapest. And California Rep. Eric Swalwell faces pressure to leave the House, after suspending his governor campaign following sexual misconduct allegations. Luke Vargas hosts.


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