- By Akansha Pandey
- Wed, 11 Mar 2026 09:59 PM (IST)
- Source:JND
The conflict in the Middle East has now stretched into its 12th day, with no hint of a let-up. After a financial institution in Tehran was hit, leading to casualties among its employees, the Iranian military has promised to respond.
Their target includes the economic areas and banking facilities of the United States and Israel. According to an Iranian news agency, a list of global tech companies has been released, identifying them as potential target.
Military Threats and Civil Warnings
The state TV cited Khatam Al-Anbiya, the Iranian Military central operational command, saying, "The enemy has given us free rein to target economic centres and banks belonging to the United States and the Zionist regime."
A representative from the Khatam Al Anbiya joint command, Ebrahim Zolfaqari, announced that Iran intends to strike financial and commercial assets of Israel and the US. He issued a specific warning to civilians to stay at least 1,000 meters away from banking centers. Recent attacks have left the military with "no choice but to react", he said.
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This strategic shift follows reports of fatalities among employees at a Tehran-based bank, an incident Iranian officials attribute to joint Israeli-American air raids. Consequently, the military command has officially expanded its list of potential targets to include Middle Eastern financial institutions.
Expansion Of "Infrastructure War"
On Wednesday, the IRGC-affiliated Tasnim News Agency escalated the ongoing "infrastructure war" by publishing a list of specific regional assets belonging to major US technology firms. The report identified these locations, which include offices and cloud computing infrastructure, as "Iran’s new targets."
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The companies named included Google, Microsoft, Palantir, IBM, Nvidia, Oracle, Amazon (specifically AWS data centers). Offices and cloud-service infrastructure linked to these firms are located in several Israeli cities as well as in some Gulf countries.
Impact Of Threat
These threats from Iran have raised tension for regional financial hubs, especially Dubai, which hosts highly concentrated International Banks. Saudi Arab and Bahrain could be the other potential areas as both of them serve as major financial centres.
Recent Escalations And Regional Impact
Early on Wednesday, the situation triggered by exchange of fire between Israel and Iran. Two Iranian drones hit near Dubai International Airport, injuring four people, while flights resumed. The offensive targeted vital oil infrastructure and maritime vessels, effectively paralysing the Strait of Hormuz.
The Kuwaiti authorities reported the successful interception of eight drones, while South Arabian air defences downed five drones heading towards the Shaybah oil field.