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Israel Strikes Iranian Facility

Financial Express Chandigarh

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June 22, 2025

THE INTERNATIONAL Atomic Energy Agency confirmed the latest attack. Iran launched a new wave of drones and missiles at Israel, but there were no immediate reports of significant damage.

The Magen David Adom rescue service said a drone hit a two-story building in northern Israel, with no casualties.

The Israeli official called it a "small barrage" that was largely intercepted by Israel's defenses. The official estimated that Israel's military has taken out more than 50% of Iran's launchers. "We're making it harder for them to fire toward Israel," he said. "Having said all that, I want to say the Iranian regime obviously still has capabilities."

The Israeli military's chief spokesman, Brig Gen Effie Defrin, later said Chief of Staff Lt Gen Eyal Zamir told the army to be prepared for a "prolonged campaign." Iran says US military involvement would be 'dangerous.' US President Donald Trump is weighing active US military involvement in the war. On Saturday, Iranian foreign minister Abbas Araghchi said, "I think that it would be very, very dangerous for everyone."

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THE RUPEE FELL to a record low on Friday and posted its steepest weekly decline in six months, weighed by sustained foreign outflows and hedging by importers.

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