Economic impacts and financial reports
Airstrikes targeted the headquarters of the Popular Mobilization Forces (PMF) south of Mosul, Iraq, just a few hours ago. The PMF is the largest Iranian proxy group in Iraq and played a key role in defeating ISIS in the country.
An oil refinery in Tehran Province was struck by an airstrike, resulting in a large fire. No casualty numbers were provided in the report.
Overnight, the Israeli Defense Forces (IDF) conducted airstrikes on a key Islamic Revolutionary Guard Corps (IRGC) air force command center in Tehran, along with nearby air defense systems, headquarters, logistical warehouses, and a ballistic missile production and launch site, including an IRGC Quds Force weapons depot.
Israeli airstrikes hit Mehrabad International Airport in Tehran early this morning, destroying all Ilyushin Il-76TD and Antonov An-74TK-200 transport aircraft belonging to both the IRGC Aerospace Force and the Iranian Air Force.
The IRGC headquarters in Qarchak was targeted in a strike, continuing military operations against key suppression centers of the Islamic Republic regime.
A video obtained by Iran International shows a missile striking an IRGC base in the Kuhak area of Tehran, with a bystander expressing surprise and enthusiasm.
Israel conducted an airstrike on Supreme Leader Ali Khamenei's hideout using more than 50 fighter jets, with new reports revealing that Khamenei was using human shields to protect himself and his family.
On Saturday, March 16, 2026, images and videos published on social media showed an airstrike hitting the "Eastern Tehran Province Police Command Headquarters" in Varamin, recorded from the 15th Khordad Hospital about one kilometer away.
Esmail Qaani survived targeted strikes during a 12-day war that eliminated Hezbollah leader Hassan Nasrallah in Lebanon and other top Iranian military leaders, including Iran’s Supreme Leader Ali Khamenei.
The Minister of Economy in Masoud Pezeshkian's government announced on Saturday the temporary closure of the Tehran Stock Exchange, effective immediately and until further notice, citing the need to safeguard assets. Additionally, the Tehran Governor declared on Friday that all ministries, organizations, and executive bodies in Tehran Province would operate with only 20% of staff present in person, and all female employees would work remotely, starting from Sunday, March 17, until further notice.
A video obtained by Iran International shows a series of explosions and fires in western Tehran caused by a missile strike.
A video obtained by Iran International shows a missile striking and exploding at a military base in Shiraz in the early hours of Saturday.
