Markets Dump Then Rebound As Israel Retaliates To Iran In Oddly Toothless, Performative Response

by

Oddly toothless…

…when you find out that you cannot defend Israel against Iranian missiles that could take out anything (think Dimona) with amazing precision (1 meter).

And Iran hasn’t even used it’s advanced hypersonic missiles yet, against which Israel has practically ZERO defense capabilities.

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– Markets Dump Then Rebound As Israel Retaliates To Iran In Oddly Toothless, Performative Response:

https://archive.is/5vFlK

SUMMARY: 

  • Iran says its nuclear facilities remain unharmed: Reuters
  • Situation in Iran’s Isfahan is normal, no explosion taken place on ground: PressTV
  • CNN: Two US oficials say Israel indicated they would not attack nuclear targets. US didn’t “green light” this attack.
  • Unconfirmed: IRGC states that Iran will target Israeli nuclear sites with counterattack.
  • Iran Space Agency: “all that happened is a failed and humiliating attempt by Israel aviation” – via Sky News
  • Iranian officials and outlets are claiming that all explosions heard tonight are due to interceptions and that no explosions have occurred “on the ground”
  • Bloomberg: Israeli officials notified the US earlier today they planned to retaliate in the next 24-48 hours.
  • Tehran’s Imam Khomeini International Airport (IKA) tells passengers that all flights have been canceled and they should exit the airport.
  • Fox News: Israeli strikes in Iran came from unmanned aircraft
  • US claims IDF attacks in Iran were limited.
  • Three large explosions heard in Isfahan south of Tehran, US officials confirm.
  • The Natanz nuclear facility is located in Isfahan.
  • Unconfirmed simultaneous explosions have also been reported in Syria and Iraq (Baghdad and Babil/Babylon province).
  • Iran has established a no-fly-zone over its western region.
  • Market reaction: initial panic selling, but gradually as it becomes clear that this is just a token “scripted” response to the token “scripted” initial attack by Iran – which achieved absolutely nothing – markets are rebounding.

Israel – having once again ignored Biden’s pleadings not to escalate the already tense situation – is retaliating against Iran’s weekend strike, which was itself a retaliation against Israel bombing Iran’s embassy in Syria on April 1.

Moments ago futures dumped, oil prices spiked, and treasury yields slumped amid social media reports and Reuters headlines that there have been three “huge explosions” near the central Iran cities of Natanz (location of an Iranian nuclear power plant) and Isfahan (location of the Iranian Nuclear Technology Center which is suspected of being the center of Iran’s nuclear weapons program), as well as simultaneous explosions in Iraq and Syria, where the Israel air force appears to be targeting pro-Iranian militias.

  • IRANIAN MEDIA CONFIRMS AN ISRAELI ATTACK ON IRANIAN TERRITORY
  • IRANIAN STATE MEDIA IS REPORTING THAT TONIGHT’S AIRSTRIKE BY THE ISRAEL AIR FORCE MAY HAVE TARGETED THE 8TH TACTICAL AIRBASE OF THE IRANIAN AIR FORCE, WITHIN ISFAHAN INTERNATIONAL AIRPORT, WHICH CONTAINS MULTIPLE SQUADRONS OF F-14 “TOMCAT” FIGHTER AIRCRAFT.
  • ABC NEWS REPORTS THAT ISRAELI MISSILES HIT A SITE IN IRAN
  • IRAN STATE MEDIA SAYS ‘NO FLY ZONE’ ESTABLISHED OVER WESTERN REGION
  • IRANIAN MEDIA: 3 HUGE EXPLOSIONS WERE HEARD IN ISFAHAN, SOUTH OF TEHRAN
  • JERUSALEM POST: SIMULTANEOUS EXPLOSIONS REPORTED IN IRAN, SYRIA, AND IRAQ ACCORDING TO INITIAL REPORTS
  • IRAN’S FARS NEWS AGENCY SAYS EXPLOSIONS HEARD IN CENTRAL ISFAHAN AIRPORT, REASON UNKNOWN
  • ISRAELI MISSILES HIT IRAN SITE, US OFFICIAL SAYS: ABC

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