US, Iran Prepare for Talks Amid Fragile Ceasefire | Balance of Power: Late Edition 04/09/2026

“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Former Deputy Secretary of State Wendy Sherman says Iran enters negotiations with “powerful leverage” due to its control of the Strait of Hormuz. Airlines for America President and CEO, Chris Sununu says it is “a little too early to tell” whether carriers will reverse higher bag fees or other fuel-related charges if Middle East tensions ease. World Bank President Group Ajay Banga discusses the economic fallout from ongoing disruptions in the Strait of Hormuz, inflation risks in emerging markets, crisis-response capacity and the broader outlook for growth. (Source: Bloomberg)