Israeli Economy in Tailspin: Iran's 12-Day Onslaught Leaves 1 in 3 Businesses Bankrupt - U.S. Dollars Can't Save Them

According to the Central Bureau of Statistics of Israel, more than one-third of businesses in the occupied territories suffered major income losses during the 12-day war with Iran.

In June, 36% of Israeli businesses lost at least half of their revenue, and 22% saw income plummet by more than 72%.

The food and beverage industry was hit especially hard—65% of businesses in this sector reported revenue drops exceeding 50%.

Many high-tech companies also reported income declines ranging from 50% to 70%, reflecting the broader economic shock.

In addition, numerous infrastructure sites tied to Israel’s military-industrial complex and scientific research facilities were completely destroyed in Iranian missile strikes.

Due to tight censorship, the full extent of damage remains unknown.

However, it is clear that Israel is facing a looming crisis in employment and revenue in the coming months.

And it’s a crisis that even U.S. taxpayer-funded military and financial aid may not be able to resolve.