Skip to content
Briefings are running a touch slower this week while we rebuild the foundations.See roadmap
Iran Conflict 2026
21MAY

Two dead in Ramat Gan; 61st IRGC wave

4 min read
09:55UTC

An elderly couple — one unable to reach shelter due to a disability — were killed as the IRGC fired its broadest weapon mix yet at central Israel, shutting Tel Aviv's main rail hub.

ConflictDeveloping
Key takeaway

Multi-warhead missiles targeting civilian infrastructure mark Iran's qualitative escalation toward punishment-based deterrence.

The IRGC launched the 61st wave of Operation True Promise 4 hours after Larijani's death, deploying Khorramshahr-4 and Qadr multiple-warhead missiles alongside Emad and Kheibar Shekan single-warhead projectiles 1. The weapon mix was broader than any previous wave. The cluster munitions that first penetrated Israeli defences the previous week tested area saturation; multiple-warhead missiles test a different failure mode — warheads that separate during terminal descent and multiply the number of incoming objects Israeli interceptors must engage.

A couple in their 70s were killed in Ramat Gan 2. One had a disability that prevented them from reaching shelter. Four others sustained light injuries. Israel's cumulative civilian death toll reached 17, up from 15 as of 14 March . Damage at Tel Aviv's Savidor Central station — the busiest interchange in Israel's rail network — forced suspension of services. Fires broke out in Petah Tikvah and Kafr Qasim.

The mixed salvo creates a layered problem for Israeli air defence. Arrow 3 must engage ballistic threats at the highest altitudes; Arrow 2 handles medium-range intercepts; David's Sling and Iron Dome must cope with whatever penetrates — including separated warheads that arrive as multiple distinct targets. Israel's cabinet approved NIS 2.6 billion (~$826 million) in emergency interceptor procurement days earlier , an outlay that reflects the burn rate: Arrow and David's Sling interceptors cost $2–3 million each, and Iran fired seven salvos in a single night the previous week . Semafor reported the IDF was running critically low on ballistic missile interceptors — a claim the IDF denied.

The IRGC claimed it struck "over 100 military and security targets" in the Tel Aviv area — unverifiable. The verifiable pattern is that each major Israeli strike against a senior Iranian official has produced a named retaliatory operation, and each successive wave has introduced a weapon type or combination not previously deployed. An IRGC spokesman stated days earlier that most missiles fired so far were produced "a decade ago" and that weapons manufactured since the war began remain unused . If accurate, the Khorramshahr-4 and Qadr warheads in the 61st wave are drawn from Iran's older inventory. Its newer arsenal has not yet been committed.

Deep Analysis

In plain English

Iran has been firing missiles at Israel throughout this conflict, but this wave used its more sophisticated weapons — missiles that split into multiple warheads in flight, making them harder to shoot down and able to hit several points at once. The train station hit in Tel Aviv is the main hub of Israel's national rail network; shutting it down affects hundreds of thousands of daily journeys and the movement of goods. The elderly couple killed could not reach a shelter because of a disability — a detail that reveals a gap in Israel's civil defence system, which was designed assuming people can move quickly. Critically, Iran is numbering and naming each wave publicly, which is itself a strategic communication: it tells Israelis and the world that Iran can sustain this indefinitely.

Deep Analysis
Synthesis

The disability of one of the killed victims — preventing shelter access — exposes a structural gap in Israeli civil defence: Home Front Command's shelter system was designed for able-bodied populations and has not been systematically adapted for mobility-impaired residents. Iran's shift to multi-warhead missiles multiplies simultaneous impact points, disproportionately affecting those who cannot rapidly relocate. This is not an Iranian targeting policy but an emergent civil defence vulnerability that will compound as the weapon mix improves.

Root Causes

Iran's publicly numbered retaliatory doctrine serves internal legitimacy needs: the IRGC must demonstrate institutional accountability for each Israeli strike on its leadership to maintain domestic credibility. The sequential numbering prevents any Israeli operation from being framed as a decisive, unanswered blow, regardless of actual damage inflicted.

Escalation

Iran escalated weapon quality — from cluster munitions (previous wave) to multi-warhead ballistic missiles — in direct response to the Larijani killing. This ratchet pattern, where each Israeli strike on a senior figure prompts an Iranian qualitative upgrade rather than a fixed retaliatory level, suggests Iran may deploy its most capable systems (including Fattah hypersonic variants) if further high-profile Israeli strikes occur.

What could happen next?
  • Consequence

    Multi-warhead deployment signals Iran is expending premium inventory per retaliatory wave, potentially accelerating Israeli interest in ending the conflict before Iran exhausts and reconstitutes.

    Short term · Assessed
  • Risk

    Sustained civilian infrastructure targeting — rail, power, airports — could trigger Israeli retaliation against Iranian civilian infrastructure in kind, crossing a threshold neither side has yet reached.

    Short term · Assessed
  • Precedent

    Publicly numbered retaliatory operations (True Promise 1–61 and beyond) establish an Iranian doctrine of named institutional accountability for each Israeli strike on senior figures.

    Long term · Assessed
  • Risk

    Iran's ratchet pattern of qualitative weapon upgrades in response to each Israeli senior-figure killing could lead to deployment of hypersonic variants within weeks if further high-profile strikes occur.

    Short term · Suggested
First Reported In

Update #40 · Larijani dead; Israel hunts the new leader

Times of Israel· 18 Mar 2026
Read original
Causes and effects
This Event
Two dead in Ramat Gan; 61st IRGC wave
The 61st wave demonstrates Iran's continued capacity to reach central Israel with a diversified missile arsenal despite eighteen days of degradation strikes, using a multiple-warhead and single-warhead combination that tests Israeli layered air defences against simultaneous failure modes.
Different Perspectives
Turkey (Shakarab consideration)
Turkey (Shakarab consideration)
Ankara serves as one of two Western-adjacent Iran back-channels while Turkish national Gholamreza Khani Shakarab faces imminent execution on espionage charges in Iran. President Erdogan cannot deflect the domestic political crisis that a Turkish execution would trigger, which would force suspension of the mediating role.
Germany (Bundestag gap)
Germany (Bundestag gap)
Belgium, Germany, Australia, and France committed Hormuz coalition hardware on 18 May. Germany's Bundestag authorisation for the coalition deployment remains pending, creating a constitutional gap between the commitment announced and the parliamentary mandate required to operationalise it.
IEA and oil market analysts
IEA and oil market analysts
The IEA's $106 May Brent projection met the market in one session on 20 May as Brent fell 5.16% on diplomatic optimism. Goldman Sachs and Morgan Stanley's two-layer premium framework holds: the kinetic component compressed; the structural insurance component tied to Lloyd's ROE remains unresolved.
Hengaw
Hengaw
Documented the dual Kurdish execution at Naqadeh on 21 May, the two Iraqi-national espionage executions on 20 May, and Gholamreza Khani Shakarab's imminent execution risk. The 24-hour cluster covers two executions at one facility, the first foreign-national espionage executions, and a Turkish national whose death would suspend Ankara's mediation.
Lloyd's of London
Lloyd's of London
Hull rates stand at 110-125% of vessel value on the secondary market; the Joint War Committee has conditioned cover reopening on written ROE from the coalition or PGSA. The Majlis rial bill makes any compliant ROE structurally impossible to draft while the PGSA's yuan portal remains its operational mechanism.
United Kingdom and France (Northwood coalition)
United Kingdom and France (Northwood coalition)
The 26-nation coalition paper requires Lloyd's to see written rules of engagement before Hormuz war-risk cover reopens. The Majlis rial bill adds a second governance incompatibility on top of the unpublished PGSA fee schedule; coalition ROE cannot mention rial without conceding Iranian sovereignty over the strait.