Symbolic reaction
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Iran's action seems more symbolic than war-ready, says Council of Foreign Relations' Charles Kupchan
CNBC Television· 2025-06-23 18:22
Geopolitical Analysis - The market perceives the missile attack as a potential de-escalation, despite its seemingly contradictory nature [1] - Iran provided advance notice of the strikes, allowing the US and other parties time to prepare [2] - Iran's response appears to be more symbolic, not necessarily indicating a desire for further escalation [3] - The Iranian media may be portraying the attack as a victory against the US, without acknowledging the missiles being intercepted [3] - Governments often feel compelled to respond to attacks to maintain public support [4] Historical Context - Similar Iranian actions have been observed previously, such as the missile launches against Israel in April and the response to Soleimani's killing [4] Future Outlook - It is too early to definitively determine if this marks the beginning of a rapid escalation; the situation requires ongoing monitoring [1][5]