Well, for perspective now, we turn to Alan Eyre. He served in the U.S. government for four decades

and was part of the Obama administration's negotiating team for the Iran nuclear deal, which

President Trump pulled out of back in 2018. He's now at the Middle East Institute. And Miyadh

Maliki was born and raised in Iran until last year he was associate director for sanction

targeting with a focus on Iran in the U.S. Treasury Department. He's now a senior fellow at the

Foundation for the Defense of Democracy. Thank you both for being here. Alan, we'll start with you.

I think it might be helpful for our viewers to sort of reset the table. Help us understand

what exactly has been agreed to and by whom.

Well, I think what's been agreed to is cease fire for two weeks.

And on the one hand, U.S. and Israel have to obey.

On the other hand, Iran.

It's not clear whether this extends to Israel stopping attacks in Lebanon,

which is one of the ten points that Israel had in its proposal.

Unclear.

But to me, the key unknown variable is how much does Iran let loose of its chokehold on the Strait of Hormuz, which has become the single most important piece of strategic leverage it has?

I'm frankly surprised that they agree to this ceasefire.

And two weeks from now, we'll see whether they're willing to relinquish it in perpetuity,

which I would be surprised at.

How realistic is this in the short term, do you think, Iran reopening the straight?

I think it is. I would disagree with, I would argue that they needed to ceasefire more than any other

party to this conflict. I mean, their economy is bankrupt. They rely on a straight-up foremost more

than any other nations in the Gulf. So I think they wanted the ceasefire.

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