Iran’s Foreign Minister Seyyed Abbas Araghchi gave a big statement on Wednesday saying that Tehran is fully prepared to defend itself. He made it clear that the bombing in the capital would have no effect on their fighting ability. Iran has activated the ‘Decentralized Mosaic Defense’ strategy to protect itself, due to which its military will continue to function despite an attack on the command center.
Information about Iran’s attack and damage caused in Israel
Iran’s Revolutionary Guards (IRGC) on Wednesday carried out the 16th wave of ‘Operation True Promise 4’. Many strategic targets of Israel have been targeted in this attack. Iran cited its right to self-defense under the UN Charter and said its response was limited to military bases only.
Hakiriya: The headquarters of the Israeli Army General Staff and the War Ministry were attacked.
Bnei Brak and Tel Aviv: Military centers and infrastructure in these areas were targeted.
Western Galilee: There is also news of a heavy strike on the military center here.
Casualties: Iranian intelligence claims that as of March 4, more than 680 enemy soldiers have been killed.
What is the impact on the general public and the economy?
The increasing tension in the Middle East is now having a direct impact on the common man’s pocket and travel. On Wednesday, March 4, the Indian rupee reached its lowest level against the dollar. The situation remains challenging for expatriates living in Gulf countries and those traveling there. Flight operations at big airports like Dubai are being affected.
Major Event Latest Update (4 March 2026) Indian Rupee hits record low due to war Iranian attack 16th wave, targets military bases Air travel Delay in flights at major airports including Dubai Leadership Process of selection of new successor underway in Iran Fuel price Huge fluctuations in prices in global markets
In view of the situation, America has closed many of its embassies in the region and reduced the number of staff. Oman is currently trying to mediate between the two sides so that a ceasefire can be discussed. The Assembly of Experts meeting is going on in Iran to select the Supreme Leader, which may take a few days.