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Trump Says Iran’s Unfrozen Funds to Remain Under US Control

Bloomberg Markets
Tuesday, June 23, 2026 at 6:30 PM
~4 min read

Original Report

President Donald Trump said Iran will only be able to use funds released from frozen accounts to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that...

President Donald Trump said Iran will only be able to use funds released from frozen accounts to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that both sides say are making progress. Brett Bruen, President of the Global Situation Room and former White House Director of Global Engagement joined Balance of Power to discuss. (Source: Bloomberg)

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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