Natanz Nuclear Facility Struck by US-Israel Airstrike; IAEA Reports No Immediate Radiation Release

The Natanz strike marks a new phase in the US-Israel campaign against Iran's nuclear program, targeting the core enrichment infrastructure that defines Iran's breakout capability. Damage assessment remains incomplete but surface cratering is confirmed. Iran's response options are constrained: escalate kinetically and risk further strikes, or negotiate from a weakened position. Regional escalation risk is assessed HIGH. Monitor for IRGC retaliatory packages, Iranian nuclear emergency declarations, and any IAEA activation of Article XII.C safeguards procedures.