Khamenei currently taking shelter in bunker, electronic communications suspended
Iran's Supreme Leader Ayatollah Ali Khamenei and his family are reportedly taking shelter in an underground bunker in Lavizan, located in northeastern Tehran, following intense Israeli airstrikes on the capital and other cities, including Mashhad [1]. The bunker, which has been used previously by Khamenei during previous operations against Israel, is now his primary refuge as the conflict escalates.
The Israeli military has intensified its attacks on Iran, striking numerous targets, including centrifuge production facilities and weapons manufacturing sites, in an effort to disrupt Iran's nuclear weapons development program [2]. This escalation comes amidst a series of warnings from the United States and Israel, with US President Donald Trump demanding Iran's "unconditional surrender" and threatening the assassination of Khamenei [2]. Khamenei, however, has vowed that Iran will "never surrender" and warned of "irreparable damage" if the US intervenes [2].
The conflict has resulted in significant casualties and damage, with at least 585 people killed and 1,326 wounded in Iran alone [2]. The Israeli military has confirmed the detection of additional missile launches from Iran, further escalating the volatile situation.
The ongoing conflict has also led to a suspension of electronic communications within Iran, with many residents reporting difficulties in accessing the internet and other digital services [1]. This disruption could have significant economic implications, as it may hinder business operations and trade activities.
As the conflict continues, investors and financial professionals are closely monitoring the situation. The escalation of tensions between Israel and Iran could have far-reaching consequences for the global economy, including potential disruptions to oil supplies and increased geopolitical risks. It is crucial for investors to stay informed about the latest developments and assess the potential impact on their portfolios.
References:
[1] https://economictimes.indiatimes.com/news/international/us/ali-khamenei-reportedly-in-a-bunker-in-lavizan-details-emerge-about-where-irans-supreme-leader-is-hiding-iran-news/articleshow/121885551.cms
[2] https://gulfnews.com/world/mena/israel-iran-conflict-donald-trump-demands-unconditional-surrender-as-iran-reels-1.500167489
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