So much for Trump restraining Netanyahu. Maybe it was a ruse, maybe Bibi doesn’t care what Trump wants.
There are reports of explosions in Tehran, Tabriz and Isfahan, according to Iranian reports. Earlier, I noted there were reports from the US military of objects over Jordan so this isn’t entirely surprising.
It’s not clear if these were Israeli missiles or planes but Israel said they were military targets.
The question now is whether Iran responds or seeks peace. There is immediately some give-back in the green shoots in markets and S&P 500 futures are negative again.
WTI crude is quickly up to $95.40 from $93.57 a few minutes ago.
One thought I have is that Iran’s Tehran’s international airport was hit but it was evacuated earlier today. What’s interesting about this evacuation and the US warning an hour ago that objects were in the air. It seems Iran was tipped off about what was coming and where, so maybe this was all for show?
