According to a report by Anadolu Agency on Tuesday, April 14, 2026, Iran has calculated that the economic toll of the recent US-Israeli military strikes has reached over $270 billion, based on first official estimates.
According to Iranian government spokesman Fatemeh Mohajerani, who spoke on Tuesday, the amount represents an initial assessment of damages caused by the intensification of hostilities.
According to her remarks, which were covered by Russian state media and repeated by Iran’s semi-official agencies, the number could vary once more thorough reviews are carried out.
Among the main points being discussed by our negotiating team is the issue of war reparations, according to Mohajerani. He added that this matter was also brought up during recent diplomatic contacts in Islamabad. According to her, there are usually many steps and layers to damage assessments before a final amount is determined, so the current estimate is not final.
On February 28, American and Israeli forces coordinated strikes on Iranian targets, escalating the confrontation. There were thousands of casualties and extensive damage to infrastructure and economic assets as a result of the strikes.
A fragile two-week ceasefire agreement was achieved last week, all because of the escalation that had been causing worries of a larger regional battle.
There may have been a brief truce, but diplomatic attempts to end the fighting for good have failed to materialise. Over the weekend, Iranian and US officials met in Islamabad for over 21 hours of talks to try to defuse tensions and resolve important disagreements, such as who should pay for what in the damages issue.
Nevertheless, no significant progress was made during the negotiations, and the future of the peace process is now clouded by unpredictability.
Future negotiations are likely to be dominated by Iran’s continued demand for war reparations.
