Israel's restrained attack against Iran decreases the risk of an all-out war between the two, though future miscalculations and the ongoing wars in Gaza and Lebanon mean the risk of another escalation persists. In the early hours of Oct. 26, the Israel Defense Forces' spokesperson announced via a televised address that dozens of Israeli fighter jets conducted "precise strikes" against "military targets" in Iran. Before the announcement, numerous explosions were reported around Iran's capital Tehran, specifically its western sector where the Islamic Revolutionary Guard Corps, or IRGC, headquarters is based, and the city of Karaj in the northwest. The operation was reportedly conducted in three waves, with the first focused on defeating Iran's air defense system, while the second and third waves targeted missile and drone bases and weapons production sites. Iranian state media outlets including Tasnim News Agency downplayed the attack, claiming air defenses repelled attacks on Tehran, Khuzestan...