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Iran Opens Strait of Hormuz; Trump Says Iran Will Suspend Nuclear Program | Balance of Power
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April 17, 2026
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39:33Now PlayingInsight & analysis on the White House and Capitol Hill.
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Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
President Donald Trump said Iran has agreed to suspend its nuclear program indefinitely, fueling optimism that a deal to end their war is in reach after Tehran announced the Strait of Hormuz was open again.
In a Friday phone interview, Trump asserted that any moratorium on Iran’s nuclear activities would not expire, saying it would be “unlimited.” Talks over a lasting agreement will “probably” be held this weekend, the president said.
“Most of the main points are finalized. It’ll go pretty quickly,” Trump said. He also denied that the US would release any frozen funds to Iran — a key demand of the regime that he and his supporters have long decried.
Details of any potential deal remained murky and Iran has yet to comment on Trump’s claim, which is virtually certain to go against its longstanding insistence that it has the right to enrich uranium.
On this edition, Joe and Kailey speak with:
Tyler Kendall, Bloomberg Washington correspondent
Natasha Hall, associate fellow at Chatham House
Kate Sullivan, Bloomberg White House correspondent
Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor & Lester Munson, Principal of the International Practice at BGR Group and Republican Strategist
Bob McNally, Founder and President of the Rapidan Energy Group/Former-Special Assistant and Senior Director for International Energy on the National Security Council under President George W. Bush
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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