"Preliminary and very crude figures put the damage at $270 billion so far," Fatemeh Mohajerani told RIA Novosti.
She noted that the Iranian administration’s economic authorities will determine more precise figures through a multi-stage process.
The first will be an assessment of damage to buildings; the second will be an analysis of budget revenue losses and the impact of industrial shutdowns, she explained.
"We will certainly defend the rights of our people through legal means, including compensation for the bloodshed of our loved ones at the Minab school," Mohajerani added, referring to a heinous US-Israeli military strike on an elementary school in Iran’s southern city of Minab that took around 170 lives on February 28.