Top Israeli Minister: 'Best For Us' If US Fights Iran While Israel Sits Out New Round of War
ZeroHedge ·
Top Israeli Minister: 'Best For Us' If US Fights Iran While Israel Sits Out New Round of War As four more American families grieve the deaths of soldiers killed in the war on Iran, one of the top-ranking ministers in Israel's cabinet told an Israeli audience that having America do all the fighting and dying is "the best for us." Israel had intensely lobbied President Trump to launch a joint war on Iran on Feb 22, and traded blows with Iran up until early June. Since Trump restarted intense, daily bombardment of Iran 11 days ago, however, Israel has sat out the action, sparing Israelis from lethal Iranian retaliation. “The State of Israel has no interest in joining the contained confrontation between Iran and the United States," far-right finance minister Bezalel Smotrich said in a session at the Katif Conference for National Responsibility, which endorses Jewish settlement in Palestinian territories. "The current situation is the best one for us.” Bezalel Smotrich leads the Religious Zionism party and wants Israel to annex the West Bank and Gaza ( MENAHEM KAHANA / AFP) Smotrich is generally regarded as the second-most powerful cabinet member in Israel , and is a vital linchpin in Netanyahu's government that took power in January 2023. Lacking an outright majority, Netanyahu was forced to build a ruling coalition that gives unprecedented power to religious and ultra-nationalist extremists . Smotrich leads the Religious Zionism party. He personally aspires to make Israel a theocracy , wants Israel to annex the West Bank and Gaza while barring most Palestinians from citizenship, and has said it would be " just and moral " to starve two million Palestinian men, women and children in Gaza. In his latest remarks, Smotrich candidly acknowledged that Israel and the United States have different goals vis a vis Iran, but said America's continued military engagement furthers the Israeli agenda. “[We] must remember that the ultimate goal of Israel, and not necessarily the Unite
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An Israeli high-ranking official stated that the most ideal scenario is for Israel to avoid direct damage from U.S. military actions against Iran. Amid ongoing casualties of U.S. soldiers, this serves as a factor deepening geopolitical risks in the Middle East. Investors must closely monitor the impact that escalating U.S.-Iran conflicts will have on global crude oil supplies and the overall financial markets.
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- Crude Oil — Rising military tensions between the U.S. and Iran are increasing concerns over supply disruptions, adding upward pressure on oil prices.
- Defense — Expectations for increased orders among major defense contractors are emerging due to the expanding geopolitical risks in the Middle East.
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- Airlines — Concerns are rising over increased fuel costs and deteriorating profitability for airlines due to heightened risks in Middle Eastern airspace and rising oil prices.
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