Free Trial

MIDEAST: Region On Edge Amid Wait For Israeli Response To Iran Missile Barrage

MIDEAST

Following the two waves of Iranian missiles fired at Israel on 1 October, Israeli PM Benjamin Netanyahu said that Iran has "made a big mistake tonight, and will pay for it". In the efforts to protect Israel, the US fired around 12 interceptor missiles at Iranian ballistic missiles, while it is believed that the UK also deployed jets to aid in the defensive efforts.  

  • This morning, Al Jazeera reports comments from Iranian Foreign Minister Abbas Araghchi stating that "We will respond strongly to any third party that supports [Israel] in any attack against US." Araghchi confirmed that Before the attack, there was no exchange of messages,” with the US.
  • After the attacks, Iran confirmed that its 'retaliatory actions', carried out after Israel's 'aggressive acts', had concluded. The Islamic Revolutionary Guards Corps (IRGC) said that if Israel hits back at Iran "it will face crushing attacks."
  • Israel's ground incursion and air strikes in Lebanon continue this morning, as do Hezbollah rocket launches into Israel. However, regional and international focus will remain squarely on the actions of Israel with regard to Iran. The Iranian barrages killed one Palestinian in the West Bank, hit a school in central Israel and a restaurant in Tel Aviv. There had been concerns that had Iran utilised its most advanced weapons it could cause widespread damage and casualties, proving significantly escalatory. Nevertheless, a direct Iranian strike on Israel will likely force some direct response from the Netanyahu gov't. 
240 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Following the two waves of Iranian missiles fired at Israel on 1 October, Israeli PM Benjamin Netanyahu said that Iran has "made a big mistake tonight, and will pay for it". In the efforts to protect Israel, the US fired around 12 interceptor missiles at Iranian ballistic missiles, while it is believed that the UK also deployed jets to aid in the defensive efforts.  

  • This morning, Al Jazeera reports comments from Iranian Foreign Minister Abbas Araghchi stating that "We will respond strongly to any third party that supports [Israel] in any attack against US." Araghchi confirmed that Before the attack, there was no exchange of messages,” with the US.
  • After the attacks, Iran confirmed that its 'retaliatory actions', carried out after Israel's 'aggressive acts', had concluded. The Islamic Revolutionary Guards Corps (IRGC) said that if Israel hits back at Iran "it will face crushing attacks."
  • Israel's ground incursion and air strikes in Lebanon continue this morning, as do Hezbollah rocket launches into Israel. However, regional and international focus will remain squarely on the actions of Israel with regard to Iran. The Iranian barrages killed one Palestinian in the West Bank, hit a school in central Israel and a restaurant in Tel Aviv. There had been concerns that had Iran utilised its most advanced weapons it could cause widespread damage and casualties, proving significantly escalatory. Nevertheless, a direct Iranian strike on Israel will likely force some direct response from the Netanyahu gov't.