Conflict Between Israel and Iran
June 17, 2025

Lieutenant General Karen Gibson
United States Army (Ret.)Advisory Board Member, Academy Securities

Lieutenant General Rick Waddell
United States Army (Ret.)Advisory Board Member, Academy Securities

Peter Tchir
Head of Macro Strategy, Academy Securities
Maria Donnelly
Associate, Geopolitical StrategyAcademy Securities

Moderator: Bret Lowry
United States Navy VeteranManaging Director, Head of Special Situations Academy Securities

Host: Nicholas Carpenito
United States Air Force VeteranVice President, Operations, Academy Securities
Table of Contents
Introduction
Israel’s Preemptive Strikes on Iran
Iranian Missile Attacks on Israel
U.S. Involvement in Defending Israel
Escalation Scenarios
Potential for a Nuclear Deal
Macroeconomic Impacts
Conclusion