Iran launches fifth batch of missiles towards Israel
June 19, 2025
The ongoing conflict between Israel and Iran has escalated further as Iran launched its fifth batch of missiles towards Israel. This latest wave of attacks marks a continuation of the intense military exchanges that have been taking place over the past several days. The escalation comes amidst reports that U.S. President Donald Trump has been involved in efforts to broker a ceasefire, but these attempts have not yet yielded results.
Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed to have used a Fattah-1 hypersonic missile in the latest strikes, targeting Israel's capital city, Tel Aviv. The use of this advanced missile type indicates a significant escalation in the conflict, as it represents Iran's first deployment of such weapons in the current conflict [2].
The Israeli Defense Ministry has confirmed that it hit targets including the notorious Evin Prison in Tehran and the security headquarters of the paramilitary Revolutionary Guards. The ministry also stated that the Iranian dictator will be punished with full force for attacking the Israeli home front [4].
Explosions and heavy air defense fire were reported in Tehran, with Israeli airstrikes hitting the country’s state-run television station during a live broadcast. These strikes have set Iran’s nuclear program back “years,” according to Israeli Prime Minister Benjamin Netanyahu, who is in daily contact with Trump [3].
The conflict has raised concerns about the potential for a wider regional conflict, with fears that the U.S.'s involvement in Israel's war against Iran could further escalate tensions. Iran has accused the U.S. of crossing a "very big red line" with its strikes on Iranian nuclear sites, prompting fears of a broader regional conflict [4].
The impact of these attacks on the global financial markets remains to be seen, but the ongoing conflict is likely to have significant implications for energy prices and geopolitical stability. Investors and financial professionals are advised to closely monitor the situation for potential economic ramifications.
References:
[1] https://www.bbc.com/news/videos/cq53gej50dqo
[2] https://economictimes.indiatimes.com/news/international/world-news/fattah-1-hits-israel-iran-fires-hypersonic-missile-at-tel-aviv-trump-watching-closely/videoshow/121932096.cms
[3] https://www.euronews.com/2025/06/17/iran-fires-fresh-missile-attack-on-israel-as-conflict-enters-fifth-day-live
[4] https://apnews.com/article/israel-iran-war-nuclear-trump-bomber-news-06-23-2025-9e78510c88ccc5e262341f41550609c5
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