October 15, 2024 07:30 GMT
ISRAEL: PM & Def Min Reach Agreement On Iran Response
ISRAEL
EM BulletHomepagemarkets-real-timePolitical RiskCommoditiesPolitical Risk BulletPower BulletsGlobalMiddle EastEmerging Market NewsEnergy BulletsBulletRegion
Israeli broadcaster KAN reporting that PM Benjamin Netanyahu and Defence Minister Yoav Gallant have agreed on a response to the 1 October Iranian missile strikes on Israel. The article claims that "full agreements were reached on the course of action against Iran, the apparent timing and the strength of the response", with full security cabinet approval the final step required before any retaliation takes place.
- An earlier bullet (see 'GLOBAL POLITICAL RISK: Oil Prices Drop On WashPost Israel-Iran Report', 2156BST 14 Oct) highlighting a story in the Washington Post could indicate that the call between Netanyahu and US President Joe Biden on the prospect of Israel striking back against the Iranian military rather than nuclear or oil sites was an effort to gauge Biden's response to such a prospect, rather than the Israeli PM informing the US president of his plans.
- A more limited strike on the Iranian military would likely lean in a less escalatory direction than one on oil or nuclear sites (the latter being particularlysensitive for Tehran).
170 words