Ceasefire alarm: Iran and Israel trade strikes

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  The Economist.

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  Hello and welcome to The Intelligence from The Economist.

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  I'm Rosie Blau.

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  And I'm Jason Palmer.

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  Today on the show, are BYD cars losing ground?

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  And the rise and rise of companion podcasts.

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  But first...

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  Two months after a ceasefire took effect between America and Iran, missiles overnight.

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  Iran struck northern Israel after attacks this weekend on Iran's proxies in Beirut.

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  Israel responded with fighter jets and force, striking multiple sites across Iran.

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  This morning, a frail ceasefire looks even frailer.

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  This is the most significant violation of the ceasefire

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  that we've seen since it took effect two months ago.

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  Gregg Carlstrom, our Middle East correspondent, is currently in Riyadh.

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  It's the first time that Israel has gone back to carrying out attacks in Iran.

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  It's the first time Iran has been firing missiles at Israel.

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  And I think there's a risk here, if the Americans don't intervene

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  and pump the brakes in the coming hours,

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  that this could turn into a more significant resumption of the war.

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  So, Gregg, just fill in for us exactly what happened overnight.

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