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Many Potential 'Spoilers' Remain in Complex US, Iran Deal, Says Natasha Hall
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April 17, 2026
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9:30Now PlayingNatasha Hall, associate fellow at Chatham House, said that despite positive reaction to the announcements from the US and Iran, the ceasefire is very fragile and there are many complex details still to be worked out. Hall said that there are potential 'spoilers' that could emerge in negotiations as Iran considers nuclear restrictions and its newfound economic power via the Strait of Hormuz.
President Donald Trump said Iran agreed to suspend its nuclear program indefinitely, and will not receive any frozen funds from the US.
Trump said in a phone interview on Friday that a deal to end the war, which the US and Israel began with Iran in late February, is mostly complete. 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.
Iran has yet to comment on any deal beyond the Strait of Hormuz opening, nor on claims made by Trump on Thursday that Tehran had offered concessions — including over the key issue of its nuclear program.
Oil, fuel and natural gas prices plunged on hopes that the latest developments would mean more energy supplies can finally transit safely through the strait.
Brent crude fell more than 10% to trade below $89 a barrel by 12:41 p.m. in New York and wiped out most of its gains since the onset of the war. Diesel prices in Europe and the US led the move lower in the energy complex.
Trump said he hasn’t decided who would lead a US delegation for talks with Iranian officials to sign an agreement. Asked if he would travel to Pakistan, which hosted the last round of negotiations, the president said, “I may.”
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