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world France 24 En 2026-03-23

Iran Exploiting Markets for Economic Pressure, Expert Says

Iran is using economic pressure as a tool of modern war, according to Assistant Professor Nicholas Mulder, who warns the Trump administration is sensitive to market pressure. This comes as Iran has begun to use the closure of the Strait of Hormuz as a form of economic pressure.


Speaking with FRANCE 24's Monte Francis, Nicholas Mulder, Assistant Professor at Cornell University and author of β€œThe Economic Weapon: The Rise Of Sanctions As A Tool Of Modern War”, explains that "the Trump administration is particularly sensitive to pressure from the markets" and that "Iran has begun to use the closure of the Strait of Hormuz as a form of economic pressure".

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