In this special solo episode of The Iran Breakdown, FDD CEO Mark Dubowitz pushes back hard on the narrative that America is losing the war with the Islamic Republic. Step by step, he makes the case that Tehran has just suffered the most severe strategic defeat in its 47-year history — its leadership decapitated, its nuclear program gutted, its air defenses shattered, its proxies in ruins, and its economy in a death spiral with the clock running out. The only remaining question: will the ceasefire be a pause that lets the regime breathe — or the closing vice on a failing regime? Mark argues the discipline to answer that question correctly is the last thing standing between America and a durable victory.