Newsletter
Newsletter Support JNS

Damage from Iran’s Oct. 1 missile barrage tops $40m

Some 2,500 claims for compensation have been submitted to the Israeli government.

Israeli security personnel at the scene where an Iranian missile hit a school in Gedera, east of Ashdod, Oct. 1, 2024. Photo by Liron Moldovan/Flash90.
Israeli security personnel at the scene where an Iranian missile hit a school in Gedera, east of Ashdod, Oct. 1, 2024. Photo by Liron Moldovan/Flash90.

The Islamic Republic’s ballistic-missile attack on Oct. 1 inflicted an estimated 150 million to 200 million shekels ($40 million to $53 million) in damage, according to an initial Israel Tax Authority assessment published on Sunday.

Since the attack, approximately 2,500 compensation claims have been submitted to the Israeli government, including some 2,200 instances of damage to buildings and 300 claims of damage to vehicles and their contents.

The Jewish state has vowed a significant response to Tehran’s second-ever direct attack, in which more than 180 ballistic missiles were fired at Israel. The Israeli military, with the assistance of the United States and Jordan, shot down most of them, with the sole fatality in the attack being a Palestinian who was struck by falling missile debris near Jericho.

Jerusalem’s target list for its retaliatory attack against Iran will likely include military and energy infrastructure, but not nuclear facilities or assassinations, NBC News reported on Saturday, citing U.S. officials.

Jerusalem and Washington are closer to a consensus on the scope of the Israel Defense Forces’ planned retaliatory strike on Tehran, Axios reported on Thursday, citing three U.S. and Israeli officials.

The American billionaire told JNS that supporting Israeli higher education can have nearly 10 times the impact of giving to an Ivy League institution.
The president has decided to start with smaller parties first.
The two nations’ cooperation carries “important regional and international significance,” said Somaliland President Abdullahi.
Political uncertainty could complicate Israel’s ability to sustain military operations, defense spending and long-term strategic commitments as threats persist from Iran to Gaza and Lebanon.