Can the Israeli and Iranian economies survive a war?:
Costs of war and damage done since Friday will be expensive for both Israel and Iran.
aljazeera.com/news/2025/6/19/can-the-israeli-and-iranian-economies-sustain-a-war
Photo: aljazeera.com · view article
Economic Strain from Israel-Iran Conflict EscalatesSeven days of conflict have inflicted severe losses; Israel may surpass Gaza war costs within seven weeks.
- Israel and Iran have exchanged attacks for a week, causing significant casualties and economic damage on both sides.
- Israel’s defense budget has surged, risking fiscal strain as ongoing conflict could push expenditures beyond planned limits.
- Iran’s oil and gas exports have sharply declined due to damages at key sites, including the South Pars gas field.
- Sanctions and domestic challenges worsen Iran’s economic conditions, limiting its capacity for development and military spending.
Tehran’s situation is more challenging than during the Iran-Iraq War in the 1980s.— President Masoud Pezeshkian highlighting the severity of the economic situation facing the country.
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Key FactsQuds Force Chief Qaani Missing After Israeli Strikes
Oct 06 24 · Reading time: ~30 sec.
Summary created with AI assistance · Source: wionews.com
Summary created with AI assistance · Source: wionews.com
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