How did Iran's missile strikes affect Israel's economy?

How did Iran's missile strikes affect Israel's economy?

 

 Israel's economy has suffered a direct loss of $12 billion as a result of the 12-day conflict with Iran. In addition to affecting Israel's political and security, this war with Iran has had a significant impact on the economy. According to Israeli media reports, about 33,000 commercial and residential buildings have been completely or partially destroyed by Iranian missile strikes.  

The reconstruction of these buildings will cost $6 billion. Israel's finance ministry and tax authorities say about 10 billion shekels (about $3 billion) are needed to repair damaged infrastructure and compensate businesses.  Additionally, Iran's escalating missile attack on the Israeli stock exchange severely damaged 8% of the illegal regime's total export market. Investors are panicking as a result of the shock to the stock market, which has led to a massive stock sell-off and market collapse in the Palestinian enclave, posing a threat to Israel's economic stability. 

Israeli media have pointed to the extensive billion-dollar damage caused to the Weizmann Institute and the Haifa refinery by Iranian missile strikes, saying the true scale of Israel's losses from Iran's attacks is slowly being revealed.