Israeli Air Force fighter jets struck command centres and assets in Tehran tasked with holding the Iranian regime's grip on power, the Israel Defence Forces said on Monday.
The IDF (Israel Defence Forces) said that Israel Air Force Jets recently attacked Hezbollah terrorist organisation military sites containing rocket and missile launchers, as well as weapons depots north of Litani in Lebanon.
Israeli Air Force jets struck key IRGC and Internal Security Force command centers in Tehran, targeting the Basij headquarters and Alborz Corps. The IDF said the strikes aimed to weaken Iran's military and regime control capabilities amid rising regional tensions.
Former Crown Prince of Iran, Raza Pahlavi, has sought a "regime change" in Tehran, saying the current "regime is defeated, teetering on the edge of collapse, and must not be allowed to continue" and that "time has come to end this ruin and begin a new era for Iran.
Sensex closed at 81,896.79 points, down 511.38 points, or 0.62 per cent, while Nifty closed at 24,971.90 points or 140.50 points or 0.56 per cent. At one point, Sensex was about 1,000 points down but recovered later.
Several southern Israeli towns were without power as a result of an Iranian missile striking near "strategic infrastructure sites," the Israel Electric Corporation said on Monday.
Iran launched at least 15 missiles in four volleys. There were no initial reports of Israeli casualties, but emergency services received calls from seven crash sites in the north, south and lowlands.
"Our trade with both Iran and Israel, while important, constitutes a small share of our overall export-import basket. The government and industry are jointly monitoring developments to ensure minimal disruption," the exporters' body chief said.
If the heightened tension in West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by nearly USD 13-14 billion during the year, enlarging India's CAD by 0.3 per cent of GDP, noted a recent report by ICRA.
While speaking to ANI, Awwad warned that the conflict could threaten global peace and security, potentially destabilising the entire region. He cautioned that further escalation could lead to a wider conflict, with potentially catastrophic consequences.