Israel Labels Iran’s Central Bank A Terror Group As Tensions Boil Over Spy Executions

Israel has officially designated Iran’s Central Bank a terrorist organization, accusing it of serving as the financial engine behind Iran’s global network of militant proxies. The dramatic declaration follows Iran’s execution of three men accused of spying for Israeli intelligence agency Mossad — a move that has further fueled the fire between the two bitter rivals.

Israeli Defense Minister Yoav Gallant announced the designation on Tuesday, stating,

“I signed a special order today, at the request of the Mossad and the National Economic Warfare Headquarters, declaring Iran's Central Bank a terrorist organization. This is part of our effort to cripple the financial core of Iran’s terror regime.”

He alleged that the Central Bank funneled billions of dollars to terrorist groups, including Hezbollah in Lebanon, the Houthis in Yemen, Shiite militias in Iraq, and Hamas in Gaza and the West Bank — all via Iran’s Islamic Revolutionary Guard Corps (IRGC).

“No arm of this regime that fuels terrorism will be spared. We will continue to expose and strike the Iranian axis of evil — wherever it operates,” Gallant warned.

Meanwhile, Iran confirmed the execution of three men convicted of collaborating with Mossad. According to the judiciary’s Mizan news agency, the men were hanged for espionage and smuggling equipment used in an assassination plot, though further details remain scarce. In a broader sweep, up to 700 individuals have reportedly been arrested for alleged connections with Israel, according to state-affiliated Nournews.

The flare-up in hostilities comes on the heels of a short but intense conflict between Iran and Israel that lasted 12 days. The crisis ended with a US-brokered ceasefire — but not before American forces launched airstrikes on Iranian nuclear sites in Fordow, Natanz, and Isfahan. Both sides have accused each other of violating the truce.

Former U.S. President Donald Trump, who was instrumental in mediating the ceasefire, urged restraint, stating,

“Israel will not attack Iran. Israeli jets are turning back,” while assuring Iran that “no one will be harmed.”

The latest round of tension was sparked by Israeli claims that Iran is edging closer to developing nuclear weapons — allegations Tehran continues to deny. But as both sides continue their war of words — and actions — the fragile ceasefire remains on a knife’s edge.