{"id":324725,"date":"2026-03-06T09:17:07","date_gmt":"2026-03-06T09:17:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/324725\/"},"modified":"2026-03-06T09:17:07","modified_gmt":"2026-03-06T09:17:07","slug":"damage-to-israeli-economy-from-iran-war-seen-at-about-3-billion-a-week","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/324725\/","title":{"rendered":"Damage to Israeli economy from Iran war seen at about $3 billion a week"},"content":{"rendered":"<p>JERUSALEM<\/p>\n<p>\u00a0<\/p>\n<p>Damage to Israel\u2019s economy from the air war with Iran could reach more than 9 billion shekels ($2.93 billion) a week, the finance ministry.<\/p>\n<p>Under current \u201cred\u201d restrictions by Israel\u2019s Home Front Command that limit travelling to work, order school closings, and mobilisation of reserve \u00a0forces, economic loss is estimated at 9.4 billion shekels a week, \u00a0largely starting from next week, it said.<\/p>\n<p>The ministry has asked the Home Front to move to \u201corange\u201d \u2013 or limited activity that is less restrictive to workplaces than \u201cred\u201d. In this scenario, the loss to the economy would be 4.3 billion shekels a week.<\/p>\n<p>Israel and the US began bombing Iran on Saturday, triggering a wave of retaliatory strikes across Israel and the Middle East and disrupting energy exports from the Gulf.<\/p>\n<p>US and Israeli officials said the campaign could last weeks.<\/p>\n<p>Schools in Israel are closed this week. Gatherings are banned, while workforce activities are prohibited except for essential services \u2013 with most employees working from home.<\/p>\n<p>Hurt somewhat by the Gaza war with Hamas, Israel\u2019s economy grew 3.1% in 2025. In the wake of a ceasefire in October, growth was projected at more than 5% in 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"JERUSALEM \u00a0 Damage to Israel\u2019s economy from the air war with Iran could reach more than 9 billion&hellip;\n","protected":false},"author":2,"featured_media":324726,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[85,46,43],"class_list":{"0":"post-324725","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-israel","8":"tag-il","9":"tag-israel","10":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/324725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=324725"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/324725\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/324726"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=324725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=324725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=324725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}