Published by Global Banking & Finance Review®
Posted on June 13, 2025
4 min readLast updated: January 23, 2026
Israel and Iran exchange airstrikes, escalating tensions over Iran's nuclear program and raising fears of broader conflict.
By Alexander Cornwell, Parisa Hafezi and Steve Holland
TEL AVIV/DUBAI/WASHINGTON (Reuters) -Iran and Israel targeted each other with airstrikes early on Saturday after Israel launched its biggest-ever offensive against its longtime foe in a bid to prevent it from developing a nuclear weapon.
Air raid sirens sounded in Tel Aviv and Jerusalem, the country's two largest cities before dawn, sending residents rushing into shelters. The military said its air defence systems were operating, seeking to intercept Iranian missiles.
"In the last hour, dozens of missiles have been launched at the state of Israel from Iran, some of which were intercepted," the Israeli military said.
It said rescue teams were operating at a number of locations across the country where fallen projectiles were reported, without commenting on casualties.
Several explosions were heard in the Iranian capital Tehran, the semi-official Tasnim news agency reported.
Israeli media said a suspected missile came down in Tel Aviv, and a Reuters witness heard a loud boom in Jerusalem. It was unclear whether Iranian strikes or Israeli defensive measures were behind the activity.
Iran's Fars news agency said Tehran launched a third wave of airstrikes on Saturday after two salvos on Friday night.
Those were in response to Israel's attacks on Iran early on Friday against commanders, nuclear scientists, military targets and nuclear sites.
Israel's ambulance service said 34 people were injured on Friday night in the Tel Aviv area, most with minor injuries. Police later said one person had died.
The U.S. military helped shoot down Iranian missiles headed for Israel on Friday, two U.S. officials said. Israel's military said Iran fired fewer than 100 missiles on Friday and that most were intercepted or fell short. Several buildings in and around Tel Aviv were hit.
The Israeli strikes on Iran throughout the day and the Iranian retaliation raised fears of a broader regional conflagration, although Iran's allies Hamas in Gaza and Hezbollah in Lebanon have been decimated by Israel.
TRUMP SAYS: NOT TOO LATE
Iran's state news agency IRNA said Tehran launched hundreds of ballistic missiles at Israel after Israel blasted Iran's huge Natanz underground nuclear site and killed its top military commanders. Iran says its nuclear programme is only for peaceful purposes.
Israeli officials said it may be some time before the extent of damage at Natanz was clear. Western countries have long accused Iran of refining uranium there to levels suitable for a bomb rather than civilian use.
The above-ground pilot enrichment plant at Natanz has been destroyed, U.N. nuclear watchdog chief Rafael Grossi told the Security Council on Friday. He said the U.N. was still gathering information about Israeli attacks on two other facilities, the Fordow fuel enrichment plant and at Isfahan.
Iran's Supreme Leader Ayatollah Ali Khamenei accused Israel of starting a war. A senior Iranian official said nowhere in Israel would be safe and revenge would be painful.
Iran's U.N. envoy Amir Saeid Iravani said 78 people, including senior military officials, were killed in Israel's strikes on Iran and more than 320 people were wounded, most of them civilians.
He accused the U.S. of being complicit in the attacks and said it shared full responsibility for the consequences.
Israel's U.N. envoy Danny Danon said intelligence had confirmed that within days Iran would have produced enough fissile material for multiple bombs. He called Israel's operation "an act of national preservation."
Iran has long insisted its nuclear programme is for civilian purposes only. The U.N. nuclear watchdog concluded this week that it was in violation of its obligations under the global non-proliferation treaty.
U.S. President Donald Trump said it was not too late for Tehran to halt the Israeli bombing campaign by reaching a deal on its nuclear programme.
Tehran had been engaged in talks with the Trump administration on a deal to curb its nuclear programme to replace one that Trump abandoned in 2018. Tehran rejected the last U.S. offer.
(Reporting by Reuters; Writing by Cynthia Osterman; Editing by Daniel Wallis)
The airstrikes were triggered by Israel's offensive against Iran, targeting military commanders and nuclear sites, which prompted Iran to retaliate with missile strikes.
Israeli officials reported that 34 people were injured and one person died in the Tel Aviv area due to the strikes, while Iran claimed that 78 people were killed and over 320 wounded.
The U.S. military assisted in intercepting Iranian missiles aimed at Israel, helping to prevent further damage and casualties.
Iran has long maintained that its nuclear program is for civilian purposes only, despite accusations from Western countries of pursuing weapons-grade uranium enrichment.
President Trump stated that it was not too late for Tehran to halt the Israeli bombing campaign by reaching a deal on its nuclear program.
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