{"id":11415,"date":"2025-06-26T10:03:45","date_gmt":"2025-06-26T09:03:45","guid":{"rendered":"https:\/\/hamiltoncourtfx.com\/?p=11415"},"modified":"2025-06-26T10:03:47","modified_gmt":"2025-06-26T09:03:47","slug":"israel-iran-the-weekend-update","status":"publish","type":"post","link":"https:\/\/hamiltoncourtfx.com\/es\/israel-iran-the-weekend-update\/","title":{"rendered":"Israel-Iran \u2013 The Weekend Update"},"content":{"rendered":"<div class=\"[ content-section content-section--large-paragraph ]\">\n  <div class=\"grid-container\">\n    <div class=\"row justify-content-center\">\n      <div class=\"[ col col-12 col-sd-10 ]\">\n        <div class=\"[ lede ] js-animate-on-scroll\"><p id=\"ember62\" class=\"ember-view reader-text-block__paragraph\"><strong>Macro Monday:<\/strong><\/p>\n<p id=\"ember63\" class=\"ember-view reader-text-block__paragraph\">Tesla\u2019s robotaxis have just hit the streets of Austin, Texas\u2014no driver, no steering wheel. It marks a bold leap into Elon Musk\u2019s long-promised\u00a0self-driving future.<\/p>\n<\/div>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\n\n<div class=\"[ content-section content-section--heading-text ]\">\n  <div class=\"grid-container\">\n    <div class=\"row justify-content-center\">\n      <div class=\"[ col col-12 col-lg-4 col-sd-3 ]\">\n        <h2 class=\"[ content-section__heading content-section__heading--sticky ] js-animate-on-scroll\">Israel-Iran \u2013 The Weekend Update<\/h2>\n      <\/div>\n      <div class=\"[ col col-12 col-lg-8 col-sd-7 ] js-animate-on-scroll\">\n        <p id=\"ember65\" class=\"ember-view reader-text-block__paragraph\">As the Israel-Iran conflict rages on through the weekend and into the new working week, we thought it prudent to summarise an update on the matter.<\/p>\n<p id=\"ember66\" class=\"ember-view reader-text-block__paragraph\">Saturday morning saw a fresh trade of air attacks as the conflict slipped into a second week. This followed a flurry of failed diplomatic efforts in Genova late Friday. Reports from Iranian officials claimed that Iran will only step back in the room with US negotiators once Israel stops attacking it.<\/p>\n<p id=\"ember67\" class=\"ember-view reader-text-block__paragraph\">Later that day, unconfirmed reports suggested that Israel had hit the Isfahan nuclear research complex, Iran\u2019s largest nuclear site. The same reports indicated that the strikes had failed to result in any hazardous leakages. State media reports two people were killed and a further four were injured in the central Iranian holy city of Qom in an unrelated wave of Israeli strikes.<\/p>\n<p id=\"ember68\" class=\"ember-view reader-text-block__paragraph\">The story of the weekend, however, has been the physical engagement of the US military late Saturday night. Trump announced that seven US B-2 bombers had struck three key Iranian nuclear sites under \u201cOperation Midnight Hammer\u201d.<\/p>\n<p id=\"ember69\" class=\"ember-view reader-text-block__paragraph\">Several deception tactics were deployed to mislead Iran\u2019s defence systems, according to US Defence Secretary Pete Hegseth and Dan Caine. As the aircraft entered Iranian airspace, more than two dozen Tomahawk cruise missiles were launched from a US submarine, accompanied by a fleet of fighter jets. The lead B-2 aircraft dropped a total of 14 GBU-57 Massive Ordnance Penetrators (MOPs) \u2013 otherwise known as \u201cBunker Busters\u201d \u2013 on two target areas. By 00:05 BST Sunday morning, all three Iranian nuclear sites had been hit, Caine continued.<\/p>\n<p id=\"ember70\" class=\"ember-view reader-text-block__paragraph\">Following the US strikes, Donald Trump wrote on Truth Social that the \u201cdamage to the nuclear sites in Iran is said to be monumental\u201d and noted that the attacks were \u201chard and accurate\u201d, executed with \u201cgreat skill shown by our military\u201d. The complete effectiveness of these strikes is unconfirmed at the time of writing.<\/p>\n<p id=\"ember71\" class=\"ember-view reader-text-block__paragraph\">As Sunday continued, Iran vowed retaliation. In a major move, news later divulged that Iran is threatening to close the Strait of Hormuz, a vital oil chokepoint. The chokepoint is the only sea route from the Persian Gulf to the open ocean, and about 20% of the world\u2019s oil transits the waterway. The US Energy Information Administration has described it as the \u201cworld\u2019s most important oil transit chokepoint.\u201d<\/p>\n<p id=\"ember72\" class=\"ember-view reader-text-block__paragraph\">According to Goldman Sachs, if oil flows through the strait were to drop by 50% for one month and then were to remain down by 10% for another 11 months, Brent is forecast to \u201cbriefly jump\u201d to a potential peak of around $110. Nations unaffected by strikes will most certainly be affected by the inflationary and low global growth implications that closing the strait could have.<\/p>\n<p id=\"ember73\" class=\"ember-view reader-text-block__paragraph\">The decision to close the waterway is now in the hands of the country&#8217;s National Security Council. Vandana Hari, founder of energy intelligence firm Vanda Insights, states that the possibility of closure remains \u201cabsolutely minimalistic\u201d. If Iran blocks the strait, the country risks turning its neighbouring oil-producing countries into enemies and risks hostilities with them, she said. Furthermore, a closure would also provoke Iran\u2019s market in Asia, particularly China, which accounts for a majority of Iran&#8217;s exports. \u201cSo very, very little to be achieved, and a lot of self-inflicted harm that Iran could do,\u201d Hari continued. The US Secretary of State has since urged China to help prevent the closure of the strait.<\/p>\n<p id=\"ember74\" class=\"ember-view reader-text-block__paragraph\">With both global economic and social livelihoods still very much at stake, the world implores the countries involved to come to an agreement before it is too late.<\/p>\n      <\/div>\n    <\/div>\n  <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":15,"featured_media":2985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"rp-language":[16],"class_list":["post-11415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-morning-updates","rp-language-en_gb"],"_links":{"self":[{"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/posts\/11415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/comments?post=11415"}],"version-history":[{"count":2,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/posts\/11415\/revisions"}],"predecessor-version":[{"id":11417,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/posts\/11415\/revisions\/11417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/media\/2985"}],"wp:attachment":[{"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/media?parent=11415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/categories?post=11415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/tags?post=11415"},{"taxonomy":"rp-language","embeddable":true,"href":"https:\/\/hamiltoncourtfx.com\/es\/wp-json\/wp\/v2\/rp-language?post=11415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}