Updates on the Ongoing War with Iran: June 20, 2025
Key Economic Indicators
As of June 20, 2025, economic activity in Israel is slowly recovering following the recent escalation of conflict with Iran. Although consumer credit spending has reportedly decreased by 12% compared to pre-conflict levels, signs of recovery are evident as today’s spending used by Israelis on credit cards reached 692.71 million shekels. This marks a decline of nearly 100 million shekels from the average spending for Fridays in May, yet it represents a 22.7% increase compared to last Friday, June 13, when fighting commenced.
Air Travel and Evacuations
Warning on Phishing Attempts
A warning has been issued by Air Haifa regarding phishing attempts by individuals impersonating their customer servstart. The company emphasized that assistance is offered only through their official WhatsApp number. All evacuation flights are currently operating at full capacity, meaning seats may not be available, and travelers without confirmed tickets are advised to avoid the Larnaca airport to prevent delays.
Evacuations Despite Exit Restrictions
Since the outbreak of hostilities on June 13, a total of 21,456 people have exited Israel through various crossings, despite existing travel restrictions. Of those, 2,027 left through air travel, as flights into and out of Israel remain suspended due to airspace closures.
Maritime Options by El Al
El Al Airlines introduced a maritime travel option for customers stranded abroad, offering ferry servstarts from Cyprus to Israel at a cost of 550 euros start-way. This servstart is also available for passengers whose flights were canceled without additional fees. The ferry from Ashdod to Cyprus is scheduled to depart on June 24, while the return journey from Larnaca is set for June 26.
Humanitarian Travel Approval Process
The newly established exceptions committee will begin operating today to authorize humanitarian flights based on specific needs. This committee will review requests from diplomats, tourists, and citizens aiming to leave Israel, emphasizing that preferences for approval will be given based on urgency and necessity.
Financial Support Measures
Proposed Compensation Plan
Around a week after the initiation of hostilities with Iran, the Israeli government is working to establish a financial compensation framework for businesses affected by the conflict. However, reports indicate that the proposed plan will not include provisions for compensating employees absent from work due to the war.
Damage Claims and Assessments
As of today, over 30,000 claims have been submitted for property damage with 8,190 people displaced from their homes. Authorities claim direct damages amount to approximately 4 billion shekels since the outbreak of the conflict. Measures are being put in place to assist affected citizens with immediate responses from local authorities.
Tactical Statements from Iranian Forces
Iran’s Revolutionary Guards have publicly claimed that a recent attack aimed to target Microsoft offstarts in Beer Sheva, asserting that their focus was justified due to the company’s affiliations with the Israeli military.
Summary
As Israel navigates the challenges posed by ongoing conflicts, economic indicators point to cautious recovery while security hesitations shape travel and humanitarian efforts. The situation remains dynamic, with governmental agencies working to address both immediate needs and longer-term impacts on the Israeli economy