Iran is holding the world economy hostage. Trump’s truce proves its leverage
- Posted on April 8, 2026
- By CNN
- 10 Views
Iran is holding the world economy hostage. Trump’s truce proves its leverage
President Donald Trump has cast a fragile two-week ceasefire between the United States and Iran as a “total and complete victory.” But the terms of the truce highlight how Iran has used control of the Strait of Hormuz to gain enormous leverage over the global economy.
