$BTC The Israel-Iran conflict escalated significantly in 2024, marked by direct confrontations between the two countries. Here's a breakdown of key events:

Key Events

- *Israeli Bombing of Iranian Embassy*: On April 1, 2024, Israel bombed an Iranian consulate complex in Damascus, Syria, killing multiple senior Iranian officials, including Brigadier General Mohammad Reza Zahedi.

- *Iranian Strikes on Israel*: In response, Iran launched strikes inside Israel on April 13-14, 2024, employing drones, cruise missiles, and rocket fire. Israel intercepted 99% of the projectiles.

- *Israeli Retaliation*: Israel carried out retaliatory strikes in Iran on April 19, 2024, and again on October 26, 2024, targeting military sites.

- *Escalation in October*: On October 1, 2024, Iran launched around 200 missiles towards Israel in two waves. Israel responded with further strikes against Iran on October 26.

Current Situation

- *Ongoing Tensions*: The conflict remains ongoing, with Iranian Supreme Leader Ali Khamenei ordering military officials to prepare for a response against Israel after the October strikes.

- *Potential for Wider Conflict*: The situation is volatile, with potential implications for the broader Middle East region ¹ ² ³.

Impact

- *Regional Instability*: The conflict contributes to regional instability and raises concerns about potential escalation.

- *Global Implications*: The international community closely monitors the situation, given its potential impact on global politics and economies ⁴.