New Delhi, April 13 -- US stock futures are indicating a gap-down start to Monday's session on April 13, as oil prices resumed their climb after the US military prepared to block traffic to and from Iranian ports and the Strait of Hormuz, where most shipping has been stalled by Iran since the start of the war.

Futures of the three key indices-the Dow Jones Industrial Average, the S&P 500, and the Nasdaq-were down in the range of 0.5%-1%. The main US stock indexes logged their second consecutive week of gains on Friday on hopes that the peace talks in Pakistan would bear fruit.

However, the peace deal between the US and Iran collapsed as both countries failed to reach a consensus. US President Donald Trump said direct talks with Iran in ...