Iranian missile strikes as part of Operation True Promise have devastated the infrastructure in many parts of the occupied Palestinian territories.
The Israeli regime has suffered at least $1.3 billion worth of losses due to Iran's retaliatory military operations in the past 11 days, according to a report.
The Monday report by The Marker, a leading Hebrew-language economic newspaper published in the occupied territories, estimated that direct losses suffered by Israel as a result of Iran's missile attacks had exceeded 5 billion shekels.
The report said Israel has also spent billions of dollars to finance its war against Iran, including in attempts to defend against massive barrages of missiles and drones successfully fired by Iran at various locations in the occupied territories.
It said that Israel had suffered a total of 2.5 billion shekels ($0.65 billion) in direct losses from its war on Gaza, which started in October 2023.
The figures are the latest proof of the devastating economic impacts of Israel's unprovoked aggression against the Islamic Republic of Iran.
The regime launched its no-holds-barred assaults on Iran on June 13, assassinating top military commanders and nuclear scientists. A number of ordinary civilians, including women and children, were also killed in the attacks.
Iran fired back hours later by launching a barrage of missiles at the Israeli capital, Tel Aviv.
Attacks on the regime have continued unabated since then, inflicting heavy losses on Israel's military and economic infrastructure.
Reports show that Iranian missile attacks have caused a major disruption to the flow of fuel and energy in the Israeli-occupied territories. The regime has also suffered major losses in its capital market after Iranian missiles hit its main stock market building in Tel Aviv.
Israeli economists have warned that continued war with Iran may push Israel to the brink of a complete economic collapse.
