Iran estimates war damage from US-Israeli strikes at $270 billion

Damage from US-Israeli strikes against Iran is estimated at about $270 billion, the Iranian government spokeswoman said on Tuesday, citing preliminary assessments. "One of the issues that our negotiating team is pursuing, and which was also pursued in the Islamabad talks, is the issue of war reparations," Fatemeh Mohajerani told Russia's RIA Novosti, according to Iran's semi-official Tasnim news agency.

Damage assessment

The $270 billion figure is not final, Mohajerani stressed, adding: "Damages usually have to be examined in several layers." The regional hostilities escalated after the US and Israel launched joint strikes against Iran on Feb. 28, killing and injuring thousands. More than 125,000 civilian units across Iran have been damaged, including residential properties, commercial units, and medical facilities.

Talks stall

Tehran launched retaliatory strikes on Israel, Iraq, Jordan, and Gulf countries hosting US military assets before a two-week ceasefire was announced last week. Iranian and US delegations concluded 21 hours of talks in Islamabad, Pakistan, early Sunday, without reaching an agreement. Disputes remain over whether the ceasefire covers Lebanon, with Israeli attacks on Lebanon continuing.

Ceasefire context

The US and Iran announced a two-week ceasefire on April 8, brokered by Pakistan, as a step toward a possible broader agreement. However, the Islamabad talks collapsed, and the US has since moved to enforce a naval blockade of Iranian ports.