Women sit in front of a mosque around the traditional grand bazaar of Tehran, Iran, March 29, 2026. (AP Photo/Vahid Salemi, File)

Event Overview

Iran’s economy has been battered. Its leaders still think Trump will blink first

Updated 5 days ago
Associated Press
CNN
2 articles2 sources
Summary

target="_blank">Iran’s economy has been battered. Its leaders still think Trump will blink first    AP News This cluster currently includes 2 articles from 2 sources.

What This Means

This cluster currently includes 2 articles from 2 sources. Sources in this event include Associated Press, CNN.

Original Reporting (2)
Women sit in front of a mosque around the traditional grand bazaar of Tehran, Iran, March 29, 2026. (AP Photo/Vahid Salemi, File)
Associated Press4/28/2026

Iran’s economy has been battered. Its leaders still think Trump will blink first

Two regional officials say that Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war. A standoff remains on the strait, the narrow mouth of the Persian Gulf through which a fifth of all traded oil and natural gas passes, as.

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty | CNN
CNN
CNN
Left
4/28/2026

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty

Asal, a freelance designer in her 30s living in Tehran , used to get projects from abroad all the time. But after nearly two months without the internet, she told CNN by phone, “no new projects, no replies. It’s like everything just stopped overnight.” On the verge of tears, she said her income doesn’t even cover her.