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Iran’s Payback Threat for US Strike Keeps World Powers on Alert | Bloomberg The Pulse 06/23

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June 23, 2025

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Iran vowed retaliation and kept up attacks on Israel following the US strikes on its nuclear facilities over the weekend, fueling fears of a wider war in the Middle East and rattling global markets. The Islamic Republic fired another missile against Israel on Monday, while Israeli forces kept up strikes on Iranian military sites and airports. Israeli Prime Minister Benjamin Netanyahu pledged in a news conference to continue Israel’s military campaign in Iran as well as in the Gaza Strip. Tehran has yet to announce whether or how it might strike American targets in the Middle East. President Donald Trump’s decision to deploy bunker-busting bombs and cruise missiles on the country’s three main nuclear sites on Sunday pushed the Middle East into uncharted territory and boosted risks in a global economy already facing severe uncertainty over his trade wars.

Today's guests: Richard Clarida, PIMCO Global Economic Adviser, Rachel Ellehuus, RUSI Director General, Sanam Vakil, Chatham House Middle East and North Africa Programme Director

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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Middle EastThe Islamic RepublicGaza Strip TehranNorth Africa Programme DirectorWar Response Will ComeStock Futures RiseIran Response Fears RecedeWorld Braces

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