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******* vows to retaliate after Iran’s *******: what could happen next

*******’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, ******* October 9, 2023.

Amir Cohen | Reuters

******* has vowed to “exact a price” from Iran in retaliation for the large-scale aerial ******** on the ******* state this weekend — while some analysts expect ******* to respond, the timing and extent of that retaliation ******** in question.

Iran launched more than 300 drones and missiles against military targets inside ******* on Saturday, in what President Joe Biden described as

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“Right now, they certainly are seriously considering direct strikes on Iran, because that is a clearest path back to deterrence,” according to Ryan Bohl, senior Middle East and North ******* analyst at risk intelligence platform Rane Network.

But ******* will need to strike a delicate balance, he noted, highlighting that “they don’t want an overt conflict with Iran.”

The less risky tactic is a “covert escalation,” where the Israelis will be “looking for ways where they can get their shadow war back into the shadows with greater intensity,” Bohl told CNBC’s “Squawk Box Asia” on Monday.

While Biden has

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to *******’s security against Iranian threats, he has also made clear to ******** Prime Minister Benjamin Netanyahu the U.S. will not participate in any offensive operations against Iran, a senior administration official
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.

Ahead of a war cabinet meeting on Sunday,

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to “build a regional coalition and exact the price from Iran in the fashion and timing that is right for us.”

Iran has said the ******* on ******* was in response to an ******** strike on its embassy compound in Damascus, Syria earlier this month. The Islamic regime has accused ******* of the April 1 ******* which ******* seven Iranian military personnel, including senior commanders.

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cited self-defense for the country’s actions.

“This action was in the exercise of Iran’s inherent right to self-defense as outlined in Article 51 of the Charter of the ******* Nations, and in response to the ******** recurring military aggressions, particularly its armed ******* on 1st April 2024 against Iranian diplomatic premises,”

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.

‘Extreme retaliation’ later?

******* and Iran have been at odds for decades, with Iran funding and supporting groups opposing ******* including ************ militant group ******, with the ongoing conflict in Gaza often referred to as a proxy war between ******* and Iran. 

Tehran has also been supporting Lebanon’s Hezbollah, Yemeni Houthis as well as the Syrian regime under President Bashar al-Assad.

“Strategically, I think you will get a movement from ******* within a week,” said David Roche, president and global strategist at Independent Strategy, who does not expect ******** forces to ******* Iranian oil facilities as it would “displease all of their supporters” like the ******* States.

Roche said *******’s immediate response may be moderate, but he did not rule out that an “extreme retaliation” may still be on the cards in about a year or more from now.

“If you got the most extreme form of retaliation — which I don’t think you will get now — but you will get inevitably within a year or 18 months, against Iran’s nuclear capacity, then I think you’re into a market meltdown,” he told CNBC on Monday.

In any case, what the U.S. wants is de-escalation, said Roche. “But I stress you’re de-escalating within a higher level of escalation, which is here to stay, which I think due to the nuclear threat from Iran, is destined to move higher over the next 18 months by a big jump.”

What’s next for Iran?

No matter how ******* responds, Iran is going to “try to rattle the global economy increasingly,” Bohl said — but only “just enough that the ******* States puts diplomatic pressure on ******* to de-escalate,” he added.

On Saturday, prior to the drone and missile strike against *******, Iran seized an ********-linked container ship in the Strait of Hormuz, a critical trade route for oil.

“That sort of harassment and behavior is likely to continue in some fashion, what scale of it is probably going to be gauged by how hard ******* goes after Iran,” said Bohl.

Iran has indicated that its ******* on ******* has ended for now.

“The matter can be deemed concluded,”

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However, it warned “should the ******** regime make another mistake, Iran’s response will be considerably more severe,” adding that the U.S. should “stay away” from the conflict between ******* and Iran.

— CNBC’s Sumathi Bala contributed to this report.







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World economy,Foreign policy,Government and politics,*******,Iran,business news
#******* #vows #retaliate #Irans #******* #happen

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