The story: Iran has welcomed the decision by the International Criminal Court (ICC) to issue an arrest warrant for Israeli Prime Minister Benjamin Netanyahu.

While Iranian media are celebrating the development, Iranian officials are more measured in their response—not least because the same court is also seeking the arrest of Russian President Vladimir Putin, a key partner of the Islamic Republic.

The coverage: The ICC on Nov. 21 issued arrest warrants for Netanyahu alongside his former defense minister Yoav Gallant. In addition...