Iran’s recent missile strike on Israel has resulted in significant damage to private property, estimated at 150 to 200 million shekels. The aftermath of the attack includes around 2,500 compensation claims, with over half pertaining to damage in northern Tel Aviv. The town of Hod Hasharon was hit particularly hard, with over 1,000 homes reported damaged.
Israel’s Tax Authority has paid out 1.5 billion shekels in compensation since last year, with an additional 1 billion shekels expected for pending claims, mainly in northern Israel. The attack has prompted condemnation from Israel’s allies, with promises of retaliation and increased military support from the US. Meanwhile, Iran has expressed readiness for war but also a desire for peace.
The conflict has escalated, with Israeli airstrikes targeting Hezbollah in southern Lebanon, Beirut, and the Bekaa Valley, resulting in casualties on both sides. The military campaign has led to the displacement of around 1.2 million people in Lebanon. As tensions continue to rise, the situation remains volatile and unpredictable.