After four months, a U.S.-Iran agreement to extend the ceasefire and open the Strait of Hormuz has been signed. The Memorandum of Understanding says that Iran will never have a nuclear weapon and also commits funding for the reconstruction and economic development of the country, although the U.S. is not required to contribute. Kaveh Shahrooz, Senior Fellow at the Macdonald Laurier Institute, joins guest host Brent Loucks to bring us up to speed on the latest.