Lower thirds: 

0:03  Report by / Ralph Martin

Script:

Iranian military drills  in the Strait of Hormuz - a show of force ahead of a possible US attack. A vital shipping passage that Iran could shut down.

:10  
Iran's most fearsome military option is its array of ballistic missiles - which it could use to target US bases in the region. The US has recently moved air-defense capabilities into place. Iran could also target Israel - launching a huge number of missiles at once to overwhelm the Iron Dome defense system.

:34    
Iran's PROXY forces are another way it can strike out at the US, Israel and other allies. But Hezbollah in Lebanon and Hamas in Gaza have been decimated by Israeli strikes and the war in Gaza and are not the threat they were just a few years ago. The Houthi rebels in Yemen still have the capability to target shipping in the Red Sea, however. There's also the possibliity of terror cells carrying out attacks abroad.

1:06
Then there's cyberwarfare. Iran's advanced hacker network could target infrastructure - including electric grids, hospitals and oil and gas facilities - in the US, Israel or Europe. It could also shut down popular websites in an attempt to create panic in the public.

1:25 
It's not clear which cababilities Iran would use first - but its arsenal of available 'tools' means the US must think twice before it attacks.