Entering the escalation spiral
Through a series of assassinations in Iraq, Lebanon and Iran, the US and Israel have decided to call Iran’s bluff and risk all-out regional war.
Commercial Summary: The series of assassinations that took pace overnight show that Israel and the US are ready to jointly fight Iran and its allies, and that Israel has US permission to draw the US into a regional war. This indicates a severe increase in risks to energy infrastructure in the GCC, to shipping in the Persian Gulf/Arabian Sea/Indian Ocean…