Pakistan Seeks Two Week Extension For Iran | Balance of Power: Late Edition 04/07/2026

Pakistan Seeks Two Week Extension For Iran | Balance of Power: Late Edition 04/07/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Republican Congressman Mike Lawler of New York discusses Trump's rhetoric around the war with Iran ahead of an 8pm deadline for Tehran to open the Strait of Hormuz. Evelyn Farkas, Executive Director of the McCain Institute and Former Deputy Assistant Secretary of Defense for Russia, Ukraine, and Eurasia in the Obama Administration, says economic incentives, not threats against civilian infrastructure, provide the strongest leverage with Tehran, and cautions that the US "will not" achieve regime change in Iran. Patrick Murphy, Former Acting Secretary of the Army during the Obama administration and Former Democratic Congressman from Pennsylvania, says the worst-case scenario in Iran would involve strikes on civilian infrastructure, stressing any military action must be proportional and legally justified.