Iran’s military has increased threats in the ongoing US-Israel-Iran conflict by declaring economic centers and banks connected to the US and Israel as legitimate targets.
This warning comes after a reported US-Israeli attack on an administrative building associated with Bank Sepah, a major Iranian state-owned bank with military ties in Tehran, which occurred overnight on March 10-11, 2026.
Iranian officials called the attack “illegitimate” and claimed it targeted economic infrastructure, with some civilian casualties reported.
A spokesperson for Iran’s Khatam al-Anbiya Central Headquarters the unified armed forces command, IRGC-linked) stated the attack on the state-owned bank—historically connected to military and IRGC operations was “illegitimate and unconventional,” prompting Iran to target similar foreign-linked financial sites across the Middle East.
The statement explicitly warned civilians in the region to stay at least 1 kilometer (1,000 meters or about 0.6 miles) away from such banks, urging people not to remain within this radius.
This has caused international banks like Citibank, Standard Chartered, HSBC, and Goldman Sach evacuating their staff or closing branches/offices in Dubai (UAE) and Qatar as precautions.
– US bank stocks saw minor declines in pre-market trading.
The threats target financial hubs in the Gulf, e.g, UAE, Qatar, Bahrain, not US domestic banks.
No attacks on foreign banks have occurred yet, but the rhetoric has prompted security measures and raised fears of broader economic disruption amid the war’s 12th’s day.
Administrator and Writer
