Economic impacts and financial reports
On January 17, 2026, strikes were observed targeting the headquarters of Iran’s Islamic Revolutionary Guard Corps (IRGC) Aerospace Forces in the Chitgar area of western Tehran, Iran.
An image obtained by Iran International shows a damaged building in Tehran covered with an Islamic Republic flag after airstrikes.
The U.S. Department of War has prepared four "decisive strike" options for Iran, including invading Kharg Island, seizing Larak Island, capturing Abu Musa Island and neighboring islands, and conducting large-scale airstrikes or a ground operation to seize highly enriched uranium at nuclear facilities. The Pentagon has not yet received a decision from President Donald Trump, who is considering these options if negotiations fail and the Strait of Hormuz remains blocked.
An image obtained by Iran International shows a building in the Sajzi Industrial Town in Isfahan Province that was struck by an airstrike.
The Israeli Air Force conducted overnight strikes near Tehran and central Iran, deploying 60 fighter jets that dropped over 150 bombs on multiple weapon sites, including targets in Isfahan such as an IRGC Quds Force site and an air defense production facility, as well as in Parchin where facilities for missile and defense production were hit.
On Thursday, March 26, 2026, Iranian media reported airstrikes on Mashhad and the Zibrkhan Industrial Town in Nishapur, Razavi Khorasan Province. In Mashhad, a projectile struck a fuel tank near the city's airport, while the attack on Nishapur caused no reported damage.
The NATO Secretary General declared that the alliance views the Islamic Republic of Iran's missile program as a direct threat to its member states. He also stated that the recent missile strike on Diego Garcia showed an increase in Iran's missile range, emphasizing that the United States is working to eliminate Iran's nuclear and missile capabilities.
Larry Fink, CEO of BlackRock, warned that if the conflict with Iran subsides but Iran continues to pose a threat to trade and the Strait of Hormuz, global oil prices could remain above $100 and approach $150 for years, potentially leading to a global recession.
On the morning of the sixth of Farvardin, Isfahan city's neighborhoods including Baharestan, Keshvari, Khaneh Esfahan, Hafteh Tir, and Foolad Aliaji, as well as the Isfahan University of Technology and the Eighth Tactical Airbase, were targeted by airstrikes. Additionally, nighttime attacks were reported in Khomeyni Shahr, Mobarakeh, Falavarjan, and Shahin Shahr, while Bandar Abbas and Shiraz experienced multiple strikes, including their airports and military bases.
Incoming aerial attacks were reported in the early hours of Thursday, the sixth of Farvardin, in multiple cities including Malard, Shiraz, Tehran, Isfahan, Najafabad, Khomeyni Shahr, Aligudarz, Qeshm, Talesh, and Bandar Abbas, with explosions and air defense activations noted across these locations.
On December 15, 2025, the U.S. and Israel continued military attacks on Iranian military and industrial centers, coinciding with the presentation of Trump's 15 conditions for a ceasefire, which were rejected by the Islamic Republic. The Pentagon announced the deployment of rapid reaction forces, escalating the likelihood of U.S. ground forces entering Iran.
On Tuesday, April 4, 2026, an airstrike destroyed a building of the Esfahan Optics Industries in Esfahan province, Iran.
