At almost two weeks (!) into the war, we remain on standby for Israel's anticipated ground invasion of Gaza and continue to watch Israel's northern border for more activity from Hezbollah.

And to complicate the already complicated: an incident yesterday on the Red Sea marked the first active engagement by the U.S. in this ongoing war, when the USS Carney shot down missiles fired by Iran-backed Houthis.

So for today's briefing, Bill and Joe called in their FDD colleague and top expert on Iran, Behnam Ben Taleblu.