Iran experiencing major internet and cellular outages amid alleged large-scale cyberattack by Israel

Iran experiencing major internet and cellular outages amid alleged large-scale cyberattack by Israel

Iran is currently experiencing widespread internet and cellular outages, with reports indicating that these disruptions are the result of a large-scale cyberattack allegedly launched by Israel. The cyberattack, which has affected critical infrastructure and services, has left millions of Iranians without access to the internet and cellular networks.

The outages come amid escalating tensions between Israel and Iran, which have seen military strikes and counterattacks since the beginning of the week. According to the Islamic Republic News Agency (IRNA), the outages have disrupted essential services, including banking, healthcare, and transportation. The cyberattack has also led to concerns about the stability of Iran's financial systems and the potential for further disruptions.

The Iranian government has not yet attributed the cyberattack to Israel, but reports suggest that the country's cybersecurity infrastructure has been targeted. The Islamic Revolutionary Guard Corps (IRGC) has issued an evacuation directive, urging citizens to stay away from major cities and facilities that could be targeted in the ongoing conflict.

The outages have had significant impacts on Iran's economy, with businesses and financial institutions struggling to operate without reliable internet and cellular connections. The disruption has also raised concerns about the safety of Iran's nuclear facilities, which have been targeted in previous Israeli strikes.

The US President Donald Trump, who has been monitoring the situation from the White House, has not commented on whether the US will get involved in the conflict. However, he has urged residents of Tehran to evacuate, citing concerns about the potential for further attacks.

The ongoing conflict and cyberattack have also had global implications, with oil prices jumping sharply on Tuesday as investors reacted to the escalating tensions. Global stock markets remained mixed amid growing uncertainty, though speculation that Iran may be willing to revisit a nuclear deal lent some support to investor sentiment.

As the situation continues to evolve, investors and financial professionals are closely watching the developments, with concerns about the potential for further disruptions to Iran's economy and the broader regional stability.

References:

[1] https://www.cnbctv18.com/world/israel-iran-war-live-updates-attacks-missiles-tehran-trump-g7-nuclear-facilities-haifa-irgc-netanyahu-khamenei-liveblog-19622131.htm