Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Factbox-Iran’s hardline rulers see missile systems as vital deterrent
    Top Stories

    Factbox-Iran’s hardline rulers see missile systems as vital deterrent

    Published by Wanda Rich

    Posted on July 12, 2022

    4 min read

    Last updated: February 5, 2026

    Image of a missile being launched during Iran's 'Great Prophet 17' military exercise, highlighting Iran's missile program as a key element of its regional deterrence strategy against threats from the US and Israel.
    Missile launch during Iran's military exercise showcasing its missile capabilities - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    DUBAI (Reuters) – Iran’s military ambitions are likely to figure high in President Joe Biden’s meetings with Israeli and Saudi leaders on a trip to the Middle East, as Tehran’s expanding missile arsenal bolsters its regional armed power.

    DUBAI (Reuters) – Iran’s military ambitions are likely to figure high in President Joe Biden’s meetings with Israeli and Saudi leaders on a trip to the Middle East, as Tehran’s expanding missile arsenal bolsters its regional armed power.

    A day after Tehran and Washington resumed indirect talks to salvage a 2015 nuclear deal in February, Iran unveiled a new domestically-made missile with a range of 1,450 km (900 miles).

    State TV displayed the new surface-to-surface “Kheibar Shekan” (Kheibar buster) missile, which refers to an ancient Jewish oasis called Kheibar in the Arabian Peninsula’s Hijaz region that was overrun by Muslim warriors in the 7th century.

    The move highlighted the Islamic Republic’s determination to project military clout as world powers attempt to curb its missile programme and revive limits on its uranium enrichment, a possible pathway to nuclear weapons.

    Israel sees Iran as an existential threat. But Iran says its ballistic missiles, with a range of up to 2,000 km (1,200 miles), are an important deterrent and retaliatory force against the United States, Israel and other potential regional targets. It denies seeking nuclear weapons.

    In 2018, then-U.S. President Donald Trump withdrew from the nuclear deal and reimposed sanctions to force Tehran into talks on a broader agreement addressing its missiles and support for regional proxies.

    Tehran has not bowed to the pressure. Here are some facts about its ballistic missile programme, which is supplemented by cruise missiles and drones.

    – According to the U.S. Office of the Director of National Intelligence, Iran is armed with the largest number of ballistic missiles in the region.

    – The Arms Control Association, a Washington, D.C.-based non-governmental organization says Iran’s missile programme is largely based on North Korean and Russian designs and has benefited from Chinese assistance.

    – The programme, which contains about 1,000 short-and medium range ballistic missiles, is one of the largest deployed in the Middle East, says the association. Iran is currently focused on enhancing the accuracy of the medium range systems, it says.

    – The Arms Control Association says Iran’s short-range and medium-range ballistic missiles include Shahab-1, with an estimated range of 300 km, the Zolfaghar (700 km); Shahab-3 (800-1,000 km), Emad-1, a missile under development (up to 2,000 km) and Sejiil, under development (1,500-2,500 km).

    CRUISE MISSILES

    Iran also has cruise missiles such as Kh-55: an air-launched nuclear-capable weapon (up to 3,000 km), and the advanced anti-ship missile the Khalid Farzh, (about 300 km) capable of carrying a 1,000 kg warhead.

    REGIONAL ATTACKS/PROXIES

    Saudi Arabia and the United States have said they believe Iran was behind a drone and missile attack on its prized oil facilities in 2019. Tehran denied the allegation.

    Iran showed its prowess in March when it attacked Erbil in northern Iraq with a dozen ballistic missiles, an unprecedented assault on the capital of the autonomous Iraqi Kurdish region.

    Iranian state media said Iran’s Revolutionary Guards carried out the attack against what they called Israeli “strategic centres” in Erbil, suggesting it was revenge for recent Israeli air strikes that killed Iranian military personnel in Syria.

    YEMEN

    Yemen’s Iran-aligned Houthi movement has also shown a growing mastery of missile technology.

    The group said it fired a number of ballistic missiles at Abu Dhabi, capital of the United Arab Emirates, and had also fired several drones at Dubai, the regional business hub.

    In one of the attacks, a base hosting the U.S. military in the UAE was thwarted by U.S.-built Patriot interceptors. The attack sent U.S. troops into bunkers. The United States accuses Iran of arming the Houthis, a charge Tehran denies.

    LEBANON

    The leader of Lebanon’s Iran-backed Hezbollah group has said the group has the ability within Lebanon to convert thousands of rockets into precision missiles and to produce drones.

    In February, Hassan Nsrallah said Hezbollah was able to transform standard rockets into precision missiles with the cooperation of “experts from the Islamic Republic of Iran”.

    SYRIA

    Iran has transferred indigenous precision-guided missiles to Syria to support President Bashar al-Assad’s fight against insurgents over the last 11 years, according to Israeli and Western intelligence officials.

    It has also moved some of its production capacity to underground compounds in Syria, where Assad’s military and other pro-Tehran forces have learned to build their own missiles, those same sources say.

    Israeli air strikes have repeatedly attacked both suspected weapons transfers and sites where those factories and storage facilities are located.

    (Additional reporting by Arshad Mohammed in Washington,Dan Williams in Jerusalem and Parisa Hafezi in Dubai; Writing by Michael Georgy, Editing by William Maclean)

    Frequently Asked Questions about Factbox-Iran’s hardline rulers see missile systems as vital deterrent

    1What is a ballistic missile?

    A ballistic missile is a type of missile that follows a ballistic trajectory to deliver one or more warheads to a predetermined target. They are powered initially but then follow a free-fall path.

    2What is missile deterrence?

    Missile deterrence is a military strategy aimed at preventing an adversary from taking action by the threat of retaliatory missile strikes. It relies on the capability and willingness to respond to attacks.

    3What are cruise missiles?

    Cruise missiles are guided missiles that fly at a constant speed and altitude, typically used to deliver a payload to a target with high precision. They can be launched from various platforms.

    4What is uranium enrichment?

    Uranium enrichment is the process of increasing the percentage of the isotope uranium-235 in uranium. This is necessary for producing fuel for nuclear reactors and for nuclear weapons.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostPolish central bank forecasts inflation peaking at 18.8% in Q1 2023
    Next Top Stories PostTaiwan ‘happy’ to see chip investment in EU, wants deeper ties