logo
'60 fighter jets in action': How Israel pulled off overnight airstrikes on Iran, struck nuclear facility

'60 fighter jets in action': How Israel pulled off overnight airstrikes on Iran, struck nuclear facility

Time of India5 hours ago

Israel strikes dozens of military targets in Iran
NEW DELHI: The Israeli Defence Forces (IDF) on Friday conducted extensive overnight strikes on numerous military targets within Iran, including a significant attack on the Organization of Defensive Innovation and Research (SPND), an institution allegedly involved in Iran's nuclear weapons development program.
The conflict between Israel and Iran has now entered its second week, with European officials attempting diplomatic interventions to bring Tehran back to negotiations. US President
Donald Trump
has indicated that any decision regarding American involvement would be made within two weeks.
The current escalation began last Friday when Israel initiated attacks on Iran, citing the need to prevent its long-standing adversary from developing nuclear weapons.
Iran responded with retaliatory missile and drone strikes on Israeli territory, while maintaining that its nuclear program serves peaceful purposes.
How they conducted the strikes
The operation, involving more than 60 Air Force fighter jets and approximately 120 munitions, targeted dozens of strategic military locations across Iran, including the SPND.
The strikes focused on several missile manufacturing facilities in the Tehran region, which the IDF described as "industrial centers of gravity" for Iran's ministry of defence.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Upto 15% Discount for Salaried Individuals
ICICI Pru Life Insurance Plan
Get Quote
Undo
The operation targeted sites responsible for producing missile components and raw materials used in rocket engine manufacturing. A key objective was the SPND headquarters building in Tehran, which was successfully struck during the operation.
"Among the sites attacked were military industrial sites for the production of missile components and sites for the production of raw materials used for casting rocket engines.
As part of the attacks and as part of the IDF's activities to damage the Iranian regime's nuclear weapons project, the IDF attacked the Spand headquarters building in Tehran," the IDF said.
Why SPND?
The SPND headquarters holds particular significance as it serves as a crucial research and development center for advanced technologies and weapons supporting Iran's military capabilities. The organisation was established in 2011 by Fakhri Zadeh, who is recognized as the architect of Iran's nuclear weapons program.
The IDF also confirmed striking a facility involved in producing essential components for Iran's nuclear weapons program, though specific details were not disclosed for security reasons.
"In addition, a site for the production of a component that is a necessary basis for the Iranian regime's nuclear weapons program was attacked," IDF said.
Israeli air attacks have killed 639 people in Iran.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US Senate clears GENIUS Act: What the US stablecoin regulation means for the global crypto landscape
US Senate clears GENIUS Act: What the US stablecoin regulation means for the global crypto landscape

Indian Express

time27 minutes ago

  • Indian Express

US Senate clears GENIUS Act: What the US stablecoin regulation means for the global crypto landscape

The US Senate passed the GENIUS Act Bill on Wednesday with a vote of 68-30 in a major boost for stablecoins — reserve-backed cryptocurrencies that have received an impetus from the Donald Trump administration in America. The next stage for the GENIUS Act will be passage in the US House of Representatives, where members have readied their own version of a stablecoin regulation bill, the STABLE Act. Challenges notwithstanding, the GENIUS Act's passage in the US Senate led to a surge in the price of crypto exchange operator Circle. According to exchange data, Circle Internet Group's share price was up 33.82 per cent at market closing on Wednesday. In pre-market activity, Circle's share price was up another 24.75 per cent to $211.87 apiece at 1:35 pm IST on Friday. US markets were closed on Thursday for the Juneteenth 2025 National Independence Day. Stablecoins, or commodity-backed cryptocurrencies, have witnessed a surge in market capitalisation to $251.7 billion so far in 2025, marking a 22 per cent rise this year, Reuters reported on Wednesday, citing industry data. The passage of the GENIUS ACT Bill in the US Senate is backed by multiple actions taken by the administration of US President Donald Trump — from the announcement of a strategic crypto reserve to the promotion of cryptocurrency sympathiser Paul S Atkins as chairperson of the US markets regulator, the Securities and Exchange Commission. Trump's family interests in cryptocurrency are well known and were mentioned in the Senate discussions after the tabling of the GENIUS Act. What US Treasury Secretary Scott Bessent said on stablecoins In the run-up to the passage of the GENIUS Act bill in the US Senate, US Treasury Secretary Scott Bessent said in a social media post on X that 'stablecoins could grow into a $3.7 trillion market by the end of the decade'. Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade. That scenario becomes more likely with passage of the GENIUS Act. A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back… — Treasury Secretary Scott Bessent (@SecScottBessent) June 17, 2025 In a podcast clip posted on his X page, Bessent said crypto is unlikely to pose a threat to the US dollar stating that 'stablecoins could reinforce dollar supremacy, because stablecoins can end up being one of the largest buyers of US Treasuries… T-bills.' Elaborating on how this may work, Bessent gave the example of how 'all of a sudden if you are using a stablecoin in Nigeria backed by the USD, you don't actually have to have dollars it's on your phone, you can transact (using dollar-backed stablecoins)…' Crypto is not a threat to the dollar. In fact, stablecoins can reinforce dollar supremacy. Digital assets are one of the most important phenomena in the world right now, yet they have been ignored by national governments for far too long. This administration is committed to… — Treasury Secretary Scott Bessent (@SecScottBessent) June 18, 2025 'There's a very good chance that crypto is actually one of the things that locks in dollar supremacy,' Bessent added. GENIUS, STABLE and the race to regulate stablecoins The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act was passed by the US Senate on Wednesday with a 68-30 vote. The bill sets guardrails for stablecoins with proposals for compliance to ensure prevention of money laundering, full backing of cryptocurrencies by reserves and monthly audits. Last week, Bessent told Senators that the US stablecoin market could surge 8X to $2 trillion, CNBC reported. The GENIUS Act will be tabled next in the US Representatives House which has its own version of the stablecoin regulation bill, the STABLE Act. The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act places oversight of stablecoins, or reserve backed cryptocurrency under the purview of the Office of the Comptroller the Currency in the US, similar to the GENIUS Act. However, STABLE Act differs from the GENIUS Act in terms of limiting reserve backing requirements to a clutch of assets such as US Treasuries apart from restricting who can issue stablecoins, according to Jeff Reundlet, head of accounting strategy at Cryptio, provider of ledger services for cryptocurrencies. However, the STABLE Act bill may not go far enough, according to a paper written by partners at the law firm Orrick. While the bill aims to create a single regulatory framework for prospective issuers, and excludes payment stablecoins from federal securities laws, it may allow state regulators the power to monitor which stablecoins may be supported by exchanges of licensed intermediaries, wrote Nathaniel Reisenburg, managing associate, and Joseph Perkins and Ignacio Sandoval, partners at Orrick. Trump's crypto interests US President Donald Trump took to his social media platform Truth Social after the US Senate passed the GENIUS Act bill, stating it 'going to make America the UNDISPUTED Leader in Digital Assets — Nobody will do it better, it is pure GENIUS!' 'Digital Assets are the future, and our Nation is going to own it. We are talking about MASSIVE Investment, and Big Innovation,' Trump added. In his podcast interview, Bessent reiterated the Trump administration's commitment to digital assets, while adding that 'because there are so many other things that happen around digital assets… it's one of the most important phenomenons happening around us in the world and the US just ignored it (under the Biden administration).' Trump reversed his stance on crypto assets from his first term, and even released his own namecoin to burnish his credentials as a backer of virtual digital assets. Cryptocurrency backers also contributed generously — around $20 million —into electing what is considered a pro-crypto Congress during the 2024 cycle, CNBC reported. Trump's crypto empire In a recent declaration, Trump disclosed earnings of over $600 million from interests including crypto, golf clubs, and licensing deals apart from other ventures. According to the public disclosure, the US President has earned an estimated $320 million from his $TRUMP memecoin. Trump also pulled in $400 million from the World Liberty Financial platform for cryptocurrencies which is backed by his children. The US President earned $57.35 million from the sale of digital tokens at WLF. He also reportedly held over 15 billion governance tokens in WLF. Other crypto ventures related to Trump include exchange traded funds held via Truth Social's crypto vertical and crypto mining firm American Bitcoin, CNBC reported. Crypto diplomacy and countering de-dollarisation Hacker group Gonjeshke Darande, Persian for 'Predatory Sparrow', with potential links to Israel, wiped off $90 million from Iran's largest crypto exchange Nobitex, Reuters reported, citing a Telegram post by the group. The attack was confirmed in the app by Nobitex, according to the report. Hackers wiped the exchange clean of a range of digital coins from Bitcoin to Ethereum and Dogecoin, said Andrew Fierman, head of national security intelligence at Chainalysis, the newswire reported. Last month, Trump family-linked WLF inked a pact with the Pakistan Crypto Council to boost cryptocurrency adoption in the country, days after it agreed to a ceasefire with India in the aftermath of Operation Sindoor, which was launched by New Delhi to target terror camps across the border in response to a terror attack in Pahalgam, Kashmir which killed 26 Indian tourists. Apart from these instances of cryptocurrencies playing a key role in diplomacy as well as hostilities, digital tokens are also being used to reinforce the US dollar's supremacy, as pointed out by Bessent above. By formalising stablecoin issuance, backed by the dollar, the US is seemingly hedging its bets in a world where key economies are switching to commodities such as gold as they intend to de-risk their holdings from USD-related volatility. The US sanctions on Russia in the aftermath of the declaration of war on Ukraine involved the freezing of Russian foreign exchange worth $300 billion, triggering a risk-off approach among countries across the world. In 2023, Russian President Vladimir Putin gave a call for de-dollarisation, urging the BRICS grouping to promote settlements in national currencies and expand bank-to-bank cooperation. Trump warned the BRICS against such a move which could potentially hurt the dollar. In a statement in February Trump boasted he had warned BRICS nations of desisting from de-dollarisation or face outsized tariffs. The stablecoin route is expected to energise the dollar by promoting the use of cryptocurrency pegged to the greenback. It remains to be seen whether this will be adopted across the globe.

Israel-Iran conflict: Day after Israeli attack, nuclear watchdog confirms damages to key under-construction reactor near Tehran
Israel-Iran conflict: Day after Israeli attack, nuclear watchdog confirms damages to key under-construction reactor near Tehran

Indian Express

time27 minutes ago

  • Indian Express

Israel-Iran conflict: Day after Israeli attack, nuclear watchdog confirms damages to key under-construction reactor near Tehran

The International Atomic Energy Agency (IEAE) has confirmed that Israel's strikes on Friday resulted in damages to key buildings at the partially constructed Khondab (formerly known as Arak) Heavy Water Production Plant including its distillation unit. The nuclear watchdog's statement comes a day after the global body said no damages were 'initially visible'. 'While damage to the nearby Heavy Water Production Plant was initially not visible, it is now assessed that key buildings at the facility were damaged, including the distillation unit,' the IEAE's latest statement on 'Updates on developments in Iran' said. No damage has been observed at Iran's other nuclear sites so far, it added. No radiological consequence was expected, IEAE's Director General Rafael Mariano Grossi said. This has been attributed to the reactor not being operational and not containing any nuclear material. 'There is a lot of nuclear material in Iran in different places, which means that the potential for a radiological accident with the dispersion in the atmosphere of radioactive materials and particles does exist,' he added, stressing on the possible nuclear safety risks. IAEA, in its statement, also sought to receive timely and regular technical information about the nuclear facilities and their respective sites in the country. 'This information is needed to promptly inform the international community and ensure an effective response and assistance to any emergency situation in Iran,' Director General Grossi said. He added that the agency was also in constant contact with other countries in the region amid the ongoing tensions in the Middle East. The Khondab reactor was hit on Thursday (June 19) as the both Israel and Iran continued to trade strikes on the seventh day of the conflict. The Israeli strikea also damaged the nearby plant that makes heavy water. Heavy-water reactors can be used to produce plutonium which, like enriched uranium, can be used to make an atom bomb. So far, Israel has announced that its attacks have hit prominent Iranian nuclear sites in Natanz, Isfahan, Arak and Tehran itself. With AP inputs

UP has become land of expressways from bimaru state: UP CM Yogi Adityanath
UP has become land of expressways from bimaru state: UP CM Yogi Adityanath

Time of India

time33 minutes ago

  • Time of India

UP has become land of expressways from bimaru state: UP CM Yogi Adityanath

UP has become land of expressways from bimaru state: UP CM Yogi Adityanath (Image: ANI) AZAMGARH: Uttar Pradesh Chief Minister Yogi Adityanath hailed the state government on Friday and said that it is working towards fulfilling the goal of 'Viksit Bharat' by the year 2046. CM yogi asserted that Uttar Pradesh has changed its reputation and has become a state of "expressways" from a "bimaru" state. CM Yogi inaugurated the 91.35 km long Gorakhpur Link Expressway in Azamgarh on Friday, connecting several districts to Gorakhpur including Azamgarh He recalled the time when people were afraid of the name of Azamgarh but expressed his happiness that it has joined the path of "development" "The double engine government of the BJP is working to fulfil the goal of 'Viksit Bharat' by 2047... Uttar Pradesh has now made its reputation as a state with expressways from a 'bimaru' state.. Eight years ago, people were afraid to take the name of Azamgarh, UP.. Azamgarh has now joined the path of development... Purvanchal Expressway was inaugurated by PM Modi in 2021", CM Yogi said Critising the previous state government, CM Yogi Adityanath said that the work of the Agra-Lucknow Expressway was half done but during his tenure projects related to six expressways in the state have been completed. "The work on the Agra Lucknow expressway was half done. Today I am happy to tell you that we have completed six projects. You are witnessing the journey of the Purvanchal Expressway. We are continuously building it 300 km long. The 340km long Purvanchal Expressway has already been completed and its connectivity to Patna is about to be completed. Now remember how easy the connectivity from Patna to Lucknow and Lucknow to Delhi will become" CM Yogi said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo He stated that the 340 km- long Purvanchal Expressway is about to extend its connectivity to Patna. He called freedom fighters Veer Kumar Singh and said that if the Purvanchal Expressway had been built in 1857, India would have become independent at that time. "When Veer Kunwar Singh, the hero of the first war of independence in 1857, fought the British till Azamgarh to defeat them, there was no connectivity. If this Purvanchal expressway had been there at that time, the people of Azamgarh would have beaten the British along with Veer Kunwar Singh and then this country would have become independent in 1857 itself. There was no connectivity at that time", he added Hailing Dinesh lal Yadav Nirahua, during his tenure as the MP of Azamgarh, CM Yogi stated that when he was sent to the parliament, a music college in Hariharpur was approved. He attacked the opposition and asserted that people who made Azamgarh a "stronghold" of terror didn't have enough time to honour the black pottery, sarees and music of the district. "He was sent to the country's parliament, and as soon as Dinesh Lal Yadav became an MP, a gharana of this music college in Hariharpur. Just think, in Hariharpur a gharana of this music needed recognition. the Kayan Badal dance was performed by all the MLAs here together, but those who had made Azamgarh a stronghold of terror could not find them. They did not have enough time to honour black pottery, to honour the sarees of Azamgarh, to honour the music department of Hariharpur village, to give a university to Azamgarh, to connect Azamgarh with air connectivity", CM Yogi added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store