Comments from Netanyahu:

• Iran has no capacity to enrich uranium or make ballistic missiles following 20 days of war
• Iran has few ballistic missiles left
• It’s too soon to tell if Iranians will take to the streets
• Will attack Iran’s leaders
• I pledged to change the Middle East, and we have done so, and Israel has become a regional superpower
• Iran had thousands of ballistic missiles and was threatening to topple our towers, but what falls are the towers of Tehran and Beirut
• Campaign will take as long as necessary
• Israel is helping the US to open Hormuz
• There are many possibilities for a ground component, will not share what they are
• We can not do a revolution from the air, there needs to be a ground component as well
• Air strikes are not enough, ground action also required. Options are being considered but not disclosed
• Israel acted alone on South Pars, Trump asked us to hold off on future such attacks
• Won’t put a stopwatch, but it will end much sooner than people think

Shortly before this report an Israeli TV report said the mission was not yet halfway complete and the were would last weeks.

This is starting out well but as the press conference was ongoing, there was a report saying Iran had sent missiles towards Israel.

On the ground component, there was some talk of some point about Kurds getting involved. Trump categorically ruled out ground forces today so this is an interesting twist. I highly doubt Israel wants to send soldiers while it’s fighting in Lebanon.

The bolded headline is the big one for me as both Trump and him are saying it will end sooner. As this press conference has been ongoing, there have been good bids in risk assets.