It is unclear what Israel will do next and the market remains nervous about an escalation.
The previous report said the war cabinet decided to strike as soon as possible, another said the rest of the cabinet asked to attack sensitive sites but Netanyahu refused, another said he wanted to build a “regional coalition” (with whom?), another said they want to retaliate and want it to be the last word, and another said there was no harm in keeping Iran guessing.
They certainly leave the markets in uncertainty.
What I would say is that it is increasingly clear that Israel does not want a real war. Of course, there’s always the risk of accidental escalation, but it really doesn’t seem like anyone wants that, but you have to have composure to make headlines.
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