SEB: Iran War Macro and Market signposts and scenarios
19/3 09:30
“Strategies and objectives (p. 3-4): The US-Israeli strategy aims to coerce Iranian compliance on key demands (zero enrichment, missiles, proxies) through military decimation, while Iran pursues regional arson to generate shared costs and deter US involvement. The central question is at what point escalation pain produces an off-ramp – through negotiations, capitulation, or a ”12-day […]...