It is ending with Trump looking like he’s losing leverage, out of ideas — and increasingly anxious for an offramp. The economic news Friday was especially grim for Trump’s ability to keep prosecuting this war and drive a hard bargain with Iran in upcoming negotiations. Undoubtedly, that creates pressure on Trump to cut a deal to end the war and reopen the strait. And that reduces his leverage in Iran negotiations — a reality that’s been reflected by Trump’s recent behavior. There’s more evidence that Iran has directly flouted the terms of the ceasefire when it comes to the Strait of Hormuz.

Source: CNN April 10, 2026 20:58 UTC