If Israeli media reports are correct, Israel shares the US and European views of Iran: That it isn't seeking a nuclear weapon at the moment.
Iranian Foreign Minister Salehi said that Tehran is willing to return to talks on Iran's nuclear program and that discussions have already begun about a date and location.
The missile-defense drill had been trumpeted as showing US commitment to Israel's security. Some Israeli officials criticize President Obama for excessive caution in an election year.
Tehran said it is ready to resume Iran nuclear talks with international powers after more than a year-long break. But it has yet to formally respond to an EU request to return to the table.
The US reportedly used a secret channel to convey to Iran more forcefully that closing the Strait of Hormuz would provoke a military response.
The good news is that many Americans accused of spying in Iran are eventually released. The bad news for Amir Mirzaei Hekmati is that Iranian-Americans have it rougher.
The two strongest Republican candidates to emerge from the Iowa caucuses, Mitt Romney and Rick Santorum, both are open to bombing Iran's nuclear weapons program.
The Iranian currency – the rial – has been essential in shoring up a view of Iran as strong and independent in recent years. Now it's collapsing on President Ahmadinejad's watch.
Iran has issued two threats that it could close the Strait of Hormuz, reminding the world how it could spike oil prices if the US or Israel attacks. But it wouldn't be easy.