In last week’s FH Premium article on the US-Iran situation, I wrote that the chances of a US attack on Iran is higher than the markets may be expecting. For the simple reason that the US has amassed significant military assets in the area — including not just 2 carrier groups but also crucially logistical support infrastructure required to sustain a prolonged air campaign, and anti-missile capability required to defend against any Iranian response. Which goes beyond what you need for a bluff. Well, that unfortunately turned out to be the case because over the weekend we saw US-Israel airstrikes against Iran. I know many of you have asked for my views on the software sell-off, but I figured the Iran situation is the more urgent one (I will write on software separately). In this article I wanted to discuss:

1. Latest update on the US-Israel-Iran war
2. How this likely evolves going forward?

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