Israel’s War on Iran Intensifies as Trump Weighs Joining Attacks

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(Bloomberg) — Israel struck more of Iran’s nuclear sites and warned its attacks could bring down Tehran’s leadership as both sides await US President Donald Trump’s decision on whether to join the offensive on the Islamic Republic.

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Prime Minister Benjamin Netanyahu said Thursday that while the military’s objective remains the destruction of Iran’s nuclear and ballistic missile capabilities, “we may create the conditions” to help change the government. 

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In answer to whether that meant targeting Supreme Leader Ayatollah Ali Khamenei, Netanyahu said “no one is immune.” Defense Minister Israel Katz earlier mentioned Khamenei by name, saying he would “be held accountable” after Iran’s missiles struck an Israeli hospital with the two countries continuing to exchange fire. 

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Senior US officials are preparing for the possibility of a strike on Iran in coming days, people familiar with the matter said, with some pointing to potential plans for a weekend strike. Top leaders at a handful of federal agencies have begun getting ready for an attack, one person said.

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Trump has for days publicly mused about joining Israel’s strikes on Iran, a move that would escalate the conflict in the oil-rich Middle East. 

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With no indication of a pause in hostilities, other international governments stepped up efforts to rein in the conflict. UK Prime Minister Keir Starmer called on Trump to keep the door open to resuming talks over Iran’s nuclear program, a sign of his concern about possible American military action. Anwar Gargash, diplomatic adviser to United Arab Emirates President Mohamed bin Zayed Al Nahyan, also called for an end to hostilities and a return to dialog.

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Iranian Foreign Minister Abbas Araghchi said Wednesday his country remained “committed to diplomacy” and has never sought and would never seek nuclear weapons. Khamenei said the same day he won’t surrender. 

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A missile from Iran on Thursday struck an Israeli hospital for the first time since the war started, a reminder of the risks to civilians in both countries. Israel’s Health Ministry said there were only a number of light injuries in the incident at Soroka Medical Center in the south of the country, as the missile landed in a department that had been evacuated just hours earlier.

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Israel’s own campaign shows no sign of letting up, with jets striking dozens of military targets in Iran overnight, including an inactive nuclear reactor in the area of Arak. The country will escalate attacks on Iranian strategic and government targets, Katz said. 

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Arak has long been the focus of international scrutiny due to its potential role in plutonium production, which could be used in future nuclear-weapon production if reprocessing capabilities were developed. The Arak-Khondab region area, situated in central Iran, is itself strategically significant as it is home to some of the country’s most critical atomic infrastructure.

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European stocks and US futures edged lower on geopolitical uncertainty and concerns about the inflationary impact of higher crude prices. Brent rose 1.6%, trading close to $78 per barrel. Cash trading in US stocks and Treasuries is closed for the Juneteenth holiday.