There Is A Growing Willingness By Europe To Contribute To Regional Security
Both Israel and the United States have signalled that their Iran operations will continue for several more weeks…
By Elwin de Groot, head of macro strategy at Rabobank
Losing One’s Innocence
A degree of calm seemed to return to energy and financial markets yesterday, helped by tentative signs – reinforced by US and Israeli statements – that intensified military operations against Iranian targets are degrading Iran’s air defense, missile, and drone capabilities. A US submarine sank an Iranian naval vessel off the coast of Sri Lanka, and, as noted in yesterday’s Global Daily, Kurdish forces appear to have already made limited incursions into Iranian territory.
⭕️This is a crucial indicator of Iran’s remaining and degraded capabilities. There has been a consistent and steep daily decline in the number of launches from Iran. pic.twitter.com/GuDmjsSYAs
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