Five Tough Lessons from Israel’s Costly Five-Week War with Iran

After five and a half weeks of conflict, Israel’s campaign against Iran ended in a unilateral cease-fire brokered by the United States. The operation cost Israel upward of 50 billion shekels, factoring in air sorties, missile defense and economic disruption. Despite crippling some of Iran’s missile infrastructure, Israel fell short of its main objectives. Iran managed to fire ballistic missiles into Israeli territory, expose gaps in Israel’s aerial defenses and nearly shut down civilian air travel at Ben-Gurion Airport. These events have forced a new balance of economic deterrence between the two countries. From strains on U.S.–Israel relations to broader energy-market repercussions, the war’s fallout offers hard-earned lessons about the limits of military power even under optimal conditions.

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