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Iran estimates $270 billion in damages from US-Israeli aggression, says figure not final

By The South Asia Times

TEHRAN - Iran has placed its preliminary estimate of damages from what it describes as unprovoked US-Israeli aggression at $270 billion, according to state-run Press TV, citing government officials.

Government spokeswoman Fatemeh Mohajerani told Russia’s RIA Novosti news agency that the figure remains subject to revision, emphasizing that assessments of war damage are typically conducted in multiple stages.

“The estimate is not yet final, and damages are usually assessed across several layers,” she said, adding that the issue of war reparations is being actively pursued through diplomatic channels.

Mohajerani noted that reparations have also been discussed in the Pakistan-mediated negotiations held in Islamabad, where Iranian and American delegations met over the weekend. “One of the issues being pursued by our negotiating team… is the matter of war reparations,” she said.

The talks in Islamabad are part of ongoing efforts to solidify a ceasefire following weeks of intense hostilities. While the United States formally accepted Iran’s 10-point proposal as a basis for a permanent truce on April 8, negotiations stalled on April 12 after more than 20 hours of discussions, reportedly due to disagreements over key demands. A temporary ceasefire remains in place.

The conflict, which began on February 28, saw extensive destruction across Iran. According to Pir-Hossein Koulivand, more than 125,000 civilian structures were either destroyed or severely damaged. Of these, around 100,000 were residential properties, while 23,500 were commercial centers.

Casualty figures released by the Iranian Legal Medical Organization indicate that at least 3,753 people were killed, including women and children.

Iran says the hostilities were triggered by US and Israeli airstrikes that targeted senior officials and military commanders. In response, Tehran launched what it called Operation True Promise 4, involving daily missile and drone strikes against Israeli targets and US military assets across the region.

Iran also imposed restrictions in the Strait of Hormuz, blocking oil and gas tankers linked to its adversaries, citing security concerns.

Despite the current ceasefire, key issues, including reparations and broader security guarantees, remain unresolved as diplomatic efforts continue.