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UK warns any escalation is in no one’s interest and would deepen insecurity in region
International pressure mounts on Jewish state to show restraint
Short-term performance has been surprisingly good but policymakers are walking on eggshells
Whatever form direct retaliation takes, analysts warn there is a high risk of miscalculation — and further escalation
Its least bad options are a return to the status quo ante or carrying out a limited strike against military targets
Senior Israeli military chief vows country will respond to Tehran’s attack
Oil prices recover as tech stocks lead US equities markets sharply lower and Treasury yields climb
Jordan is facing scrutiny at home for helping to repel Iranian drone and missile attack on Israel
Also in this newsletter: new chip boost for Biden, dividends bonanza at water companies, bumper profits at Goldman
Brent crude has struggled to stay above $90 despite Tehran’s attacks on Israel this weekend
Protection cannot mean giving the Netanyahu government a blank cheque, cashable in Washington
The impact of world events on the oil price has declined over time
Macron warns of risk of ‘conflagration in the region’ as Israeli war cabinet considers response
Also in this newsletter: geopolitics overshadows Scholz’s trade trip to China
Tehran believes calibrated missile and drone barrage is enough to restore deterrent and bolster image
Republicans call for vote on stalled funding package as Iran’s attack adds urgency to divisive issue
Netanyahu must weigh US calls not to escalate against demands by far-right allies for crushing retaliation
Tehran’s ‘Operation True Promise’ demonstrated aerial might that was visible to all, but fatal to none
Netanyahu’s sense he has prevailed in this round may make him less rather than more risk averse
‘Multi-layered’ array deployed included early warnings and Arrow system that intercepts long-range projectiles
Israel and Iran’s attempts to restore military deterrence pull the region into escalating cycle of violence
G7 leaders and UN Security Council to meet as US seeks ‘co-ordinated diplomatic response’
US president reaffirms ‘ironclad’ backing for ally in call with Benjamin Netanyahu
Tehran has vowed to respond to a suspected Israeli air strike on its consular building in Damascus
Tehran indicates response will be designed to avoid escalating conflict amid flurry of diplomatic calls
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