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“Diplomatic sensitivities” prevailed over the original plan, a government source has said Israel planned to retaliate against Iran immediately following Tehran’s drone and missile attack on Saturday, but Prime Minister Benjamin Netanyahu decided to hold off after speaking with US President Joe Biden, Israeli media have reported.

The shekel has plunged amid the escalation in violence following an attack by militant group Hamas The Israeli shekel fell 3% against the US dollar on Monday to trade at more than 3.96, marking its weakest level in eight years. The currency has plunged amid the escalation in the conflict between Israel’s security forces and…