The limited scale of the attack and Iran’s muted response appeared to signal a successful effort by diplomats to avert all-out war.
, but Tehran played down the incident and indicated it had no plans for retaliation – a response that appeared gauged towards averting region-wide war.and Iran’s muted response both appeared to signal a successful effort by diplomats who have been working round the clock to avert all-out war since an Iranian drone and missile attack on Israel last Saturday.
“The foreign source of the incident has not been confirmed. We have not received any external attack, and the discussion leans more towards infiltration than attack,” the official said.Jonathan Lord, head of the Middle East security program at the Centre for a New American Security, a U.S. think tank, said Iran’s response “seems to indicate that Iran is seeking to step down off the ledge, minimise the impact of the attack, and perhaps walk back down the escalation ladder from here.
Allies including the United States had since been pressing hard to ensure any further retaliation would be calibrated not to provoke a spiral of hostilities. The British and German foreign ministers visited Jerusalem this week, and Western countries tightened sanctions on Iran to mollify Israel.There was no word from Israel as to whether further action might be planned.
In financial markets, global shares eased, oil prices surged and U.S. bond yields fell as traders worried about the risks.In Iran, news reports on Friday’s incident made no mention of Israel, and state television carried analysts and pundits who appeared dismissive about the scale. Some Israelis suggested the aim was to demonstrate the capability to attack without causing harm. One newspaper likened it to a biblical story of the future King David snipping a piece from the robe of a foe when given a chance to kill him.
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