Latest news with #IsraeliDefenceForces
NDTV
13 hours ago
- Politics
- NDTV
Video: Israel Destroys Iranian F-5 Fighter Jets At Airport
The Israeli forces on Saturday struck a dozen of military targets in Iran, including two F-5 fighter jets at the Dezful Airport, in the Islamic country's Khuzestan province. The F-5s are part of Iran's aging fleet of fighter jets from the era of the shah. Black-and-white footage released by the Israeli Defence Forces (IDF) on Sunday showed the forces destroying one of the aircraft at the airport. Besides, eight launchers, including six that were ready to fire missiles toward Israeli territory, were destroyed, the forces said. The IDF said around 20 IAF fighter jets struck dozens of military targets in Iran on Saturday. Among the targets struck were a military site containing components to produce explosive materials, weapons storage, and production facilities, and Iranian aerial defense systems. The Israeli forces also struck military infrastructure sites at the Isfahan airport, in order to prevent the Iranian Air Force's use of the military infrastructure, they said. Tensions between Israel and Iran escalated on Sunday after the US joined the Israeli military's campaign and targeted three nuclear sites in Iran. The attack on Fordow, Natanz and Esfahan sites came after days of deliberation and long before US President Donald Trump's self-imposed two-week deadline to take a call. US B-2 Spirit bombers flew non-stop for about 37 hours from Missouri to deliver what Mr Trump called a "very successful attack" on Iran's nuclear programme. The strikes, carried out with a combination of bunker-buster bombs and Tomahawk missiles, were the most direct US military action against Iran in years. Trump said six bunker-buster bombs were dropped on Fordow, and around 30 Tomahawk missiles targeted other nuclear installations. He warned Tehran of "far greater" consequences if it did not end its conflict with Israel.
India.com
2 days ago
- Business
- India.com
Spending Rs 63000000000 per day in Israel-Iran war, this country spent its emergency fund over…, now facing massive shortage of…, the country is…
Spending Rs 63000000000 crore per day in Israel-Iran war, this country spent its emergency fund due to..., now facing massive shortage of..., the country is... The war between Israel and Iran is turning out to be extremely costly for both countries. But Israel, in particular, is spending money like water. The biggest share of the war expenses is coming from Israel's side, and it is starting to hurt the country's economy. According to Brigadier General (Res.) Reem Aminach, who once served as the financial advisor to the Chief of Staff of the Israeli Defence Forces (IDF), said that Israel is now spending nearly USD 725 million (around Rs. 6,300 crore) every single day just on military operations. Over Rs. 12,000 crore spent in the first two days As per a report by Ynet News, Aminach shared that in the first two days of the war alone, Israel spent around USD 1.45 billion, which is more than Rs. 12,000 crore. This includes the cost of both attacks and defense efforts. Out of this, more than USD 500 million was used for carrying out airstrikes, buying jet fuel, and similar operations. The remaining amount was spent on missile interceptors, mobilizing soldiers, and other defense preparations. War expenses could go even higher In Israel's first major attack on Iran, just the cost of aircraft and weapons used came to about USD 593 million. On top of that, money was also spent on calling up reserve forces and running defense systems like the Iron Dome that intercepts enemy missiles. Aminach explained that this is only the direct cost of war. There are indirect costs too, like the impact on the economy and national productivity which cannot be fully calculated right now. He said the real financial damage will only be known later, when losses to civilian property, disruptions in business, and declines in GDP are also taken into account. Economic growth takes a hit Due to the war, Israel's Finance Ministry has lowered its expectations for the country's economic growth. Earlier, the ministry had set a target for a 4.9 per cent fiscal deficit this year which is roughly USD 27.6 billion. While some money was kept aside for emergencies, most of it was already spent during the war in Gaza. Now, with the added cost of the Iran conflict, there is no separate fund in place to handle the new wave of expenses. For 2025, the ministry has cut down its GDP growth forecast from 4.3 per cent to 3.6 per cent. Defence systems under pressure According to a report by the Washington Post, Israel is also facing a shortage of missile interceptors, the weapons used to shoot down enemy missiles. Experts say that if the U.S. doesn't step in to help soon, Israel may only have enough supply to keep its defense system running for another 10 to 12 days. That's a worrying situation for a country that is heavily relying on technology and air defense to protect its citizens and infrastructure. The ongoing conflict between Israel and Iran is now affecting global markets, especially the price of crude oil. As tensions between the two nations rose after June 13, oil prices saw a sharp increase. According to rating agency ICRA, crude oil prices jumped from USD 64–USD 65 per barrel to around USD 74–USD 75 per barrel. What it means for India India imports most of its oil from abroad. So, even a small rise in prices can lead to big expenses for the country. If the average crude oil price increases by just USD 10 per barrel, India's oil import bill could go up by around USD 13–14 billion. That's a massive burden on the economy. This could also increase India's Current Account Deficit (CAD) -the gap between what we spend and earn from foreign trade – by 0.3 per cent of GDP.
News18
2 days ago
- Politics
- News18
‘This Is Why We're Fighting Iran': Israel Shares Video Of Strike On Children's Center
Last Updated: IDF says Iran struck children's center in south Israel and said this is why Israel is fighting Iran. The Israeli Defence Forces (IDF) in a video released on Friday claimed that Iran struck a children's center in southern Israel. The 24-second long video shows a creche-like setup with toys scattered around as a CCTV captures the surroundings. At the 3-second mark, the video shows dust and debris signalling the time the missile may have struck the site. No children were visible during the time of the strike. It is unclear if the children's center was linked to the Soroka Hospital in the southern city of Beersheba which was targeted by Iran on Thursday. This is footage from the moment an Iranian ballistic missile hit a children's center in southern the world asks why we're fighting Iran, this is your answer: — Israel Defense Forces (@IDF) June 20, 2025 The strike in the hospital caused extensive damage to the hospital's entrance hall and several departments, including the ophthalmology unit on the third floor of the surgical building. The explosion shattered windows, hurling glass across the hospital, brought ceilings crashing down, destroyed medical equipment and left corridors in disarray. Officials at the hospital, including its director, said lives were likely saved because the part of the complex that was hit had been evacuated days earlier. Even so, dozens sustained injuries in the attack. On Thursday, Israeli Prime Minister Benjamin Netanyahu visited the site and blamed Iran directly for the attack. 'We will make the tyrants in Tehran pay a heavy price," Netanyahu said in a post on X. Iranian officials, meanwhile, said the target was not the hospital itself, but a nearby Israeli command post and intelligence facility. 'In this operation, the regime's command and intelligence centre near a hospital was targeted with highly accurate and guided missiles," the Islamic Revolutionary Guard Corps said in a statement. Iran's state news agency IRNA also reported that the missile barrage had been aimed at an Israeli military site located close to the medical facility. The World Health Organisation (WHO) condemned the incident, calling attacks on medical infrastructure during the conflict 'appalling".
India Gazette
2 days ago
- Business
- India Gazette
India's commerce secretary holds meeting on Iran-Israel conflict's trade fallout: Sources
New Delhi [India], June 20 (ANI): According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and air-cargo sectors to discuss the impact of the Iran-Israel conflict on India's trade and he actions needed to normalize it. During the meeting, the participants informed that the situation in the Strait of Hormuz is currently stable. Additionally, country's ship reporting system is in place to monitor any incidents. The freight and insurance rates are also being closely monitored, the source revealed. Furthermore, the Commerce Secretary also emphasized the need to assess the evolving situation and its impact on Indian EXIM trade. He highlighted the importance of exploring all possible alternatives in response to the situation. Recently, the Israeli Defence Forces shared that on Thursday night it targeted the missiles manufacturing sites in Iran by using approximately 120 munitions. The conflict between Iran and Israel started after the latter launched a series of strikes against military and nuclear infrastructure in Iran under 'Operation Rising Lion' on June 13. Iran responded with retaliatory strikes and launched 'Operation True Promise III'. Since the military attacks started almost a week ago, the UN nuclear watchdog has been reporting damage at several of these facilities, including at nuclear-related sites located in Natanz, Arak, Esfahan and Tehran, and their potential radiological effect, according to the statement released by the IAEA. Furthermore, amid these rising threats and regional attacks, US President Donald Trump has said he will allow two weeks for diplomatic efforts with Tehran before deciding whether to authorize military action against Iran. Meanwhile, thee Israeli Defence Forces said that on Thursday night it targeted the missiles manufacturing sites in Iran by using approximately 120 details were provided in a post on X. The IDF said, that over 60 fighter jets 'struck dozens of military targets in Iran using approximately 120 munitions.' 'Several industrial sites used to manufacture missiles were struck in the Tehran area. These sites served as a key industrial center for the Iranian Ministry of Defence. The SPND headquarters in Tehran were struck. This building was used for the development of advanced technologies and weapons supporting the Iranian regime's military capabilities.' The IDF also noted that 4 UAVs launched from Iran were intercepted and shared a video clip. Citing Israeli military, Times of Israel reported, 'SPND serves as a hub for research and development of advanced technologies and weaponry for the Iranian regime's military capabilities. It was established in 2011 by Mohsen Fakhrizadeh, the founder of Iran's nuclear weapons program'. It also mentioned citing IDF that a site that was struck had been used to manufacture a 'component essential to the regime's nuclear weapons program'. (ANI)
Economist
2 days ago
- Economist
Gaza is in a bloody limbo as the battle over Iran rages
THE IMAGES from southern Gaza are dire. Desperate crowds throng to get aid. Some people look relieved, hauling away bags of flour and boxes of food after waiting for hours. Others carry the bodies of dead relatives on makeshift pallets. On June 17th 51 Palestinians were killed and over 200 wounded at a hub run by the World Food Programme near the city of Khan Younis, according to the Hamas-run health authority. Witnesses say Israeli troops were to blame. The Israeli Defence Forces (IDF) says it is investigating the reports.
