Iran to Establish New Deterrence Equation with Retaliatory Strike Against Israel

Iran's massive drone attack on Israel in 2024 escalated tensions, but failed to disrupt global oil markets. The attack, the largest of its kind, demonstrated Iran's military capabilities but was met with international criticism and a limited Israeli retaliation.

Hadeel Hashem
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Iran to Establish New Deterrence Equation with Retaliatory Strike Against Israel

Iran Launches Massive Drone Attack on Israel in Retaliation for Consulate Strike

Iran launched Operation True Promise, the largest drone attack in history, striking Israeli targets in response to Israel's attack on the Iranian consulate in Damascus, Syria on April 1. The attack caused significant damage to the Nevatim airbase and the secretive Unit 8200 intelligence base in the occupied Golan Heights.

The Iranian operation involved around 170 drones, over 30 cruise missiles, and more than 120 ballistic missiles directed against Israel and the Israeli-occupied Golan Heights. A coalition of several countries, including the U.S., Britain, France, and Jordan, operated in defense of Israel, using systems like Arrow 3 and David's Sling to shoot down the incoming weapons. While 99% of the drones and missiles were destroyed, some caused minor damage to the Nevatim Airbase in southern Israel and injured a 7-year-old Israeli Bedouin girl.

Iran's Supreme Leader Ayatollah Ali Khamenei praised the country's armed forces for their retaliation, stating that the operation demonstrated their capabilities and power, and displayed the "willpower" of Iran. Khamenei emphasized that the most important aspect of the operation was not the number of missiles fired or targets hit, but the fact that it proved Iran's resolve.

Why this matters: The tit-for-tat attacks between Iran and Israel over the past three weeks were a startling and worrisome departure from the shadow warfare they have waged for decades, raising fears of a regional war. Iran's actions drew criticism from the United Nations and world leaders, who warned of the risk of escalating into a full-blown regional war.

The attack was the largest attempted drone strike in history and the first time since Iraq's 1991 missile strikes that Israel was directly attacked by the military of another state. Israel retaliated with limited strikes on Iran on April 18, 2024. Despite the escalation in tensions, there were no supply disruptions in the Middle East, and global crude oil prices remained relatively stable, with Brent crude prices fluctuating between $85 and $95 per barrel.

Key Takeaways

  • Iran launched largest drone attack in history, striking Israeli targets on April 13, 2024.
  • Attack caused damage to Nevatim airbase and Unit 8200 intelligence base in Golan Heights.
  • Coalition of countries defended Israel, shooting down most of the incoming weapons.
  • Iran's Supreme Leader praised the operation, saying it demonstrated Iran's power and resolve.
  • Despite escalation, no supply disruptions and global oil prices remained relatively stable.