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Thursday, June 19, 2025

Iran Strikes Tel Aviv Stock Exchange

Iran escalated its conflict with Israel by launching missiles at the Tel Aviv Stock Exchange, striking a key part of the country's financial sector.

Iran raised the stakes in its conflict with Israel by launching missile strikes on the Tel Aviv Stock Exchange building in the Ramat Gan district on June 19.

As the central hub of Israel’s financial system, the stock exchange plays a critical role in the country’s economy, facilitating trade in stocks, bonds, mutual funds, and other securities.

This escalation came just a day after “Gonjeshke Darande” (Predatory Sparrow), a hacker group allegedly linked to Israel, claimed responsibility for a cyberattack on Nobitex, Iran’s largest cryptocurrency exchange, resulting in losses exceeding $90 million.

The same group had earlier taken credit for breaching data belonging to the Islamic Revolutionary Guard Corps’ Bank Sepah. While Israel boasts a modern, interconnected economy, Iran continues to struggle under the weight of international sanctions.