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NYT: Israel doubts Iran's threats of retaliation

A military strike on Iran would not necessarily set off a regional catastrophe, according to intelligence estimates and academic studies which have been largely adopted by senior Israeli officials, The New York Times reported on Thursday.
According to the report, these estimates see threats of Iranian retaliation to a strike against its nuclear facilities are partly bluff.
Citing conversations with current and recent top Israeli security officials The New York Times posited that Israel is prepared to give newly minted sanctions against Iran's oil industry and central bank time to work, but the measures are viewed as insufficient. A military strike remains a very real option.
"“Take every scenario of confrontation and attack by Iran and its proxies and then ask yourself, ‘How would it look if they had a nuclear weapon?’ ” a senior official said. “In nearly every scenario, the situation looks worse.”
Another official was quoted as saying, “I’m not saying Iran will not react. But it will be nothing like London during World War II.”