On 28 February 2026, the United States and Israel launched Operation Roaring Lion and Operation Epic Fury, striking over 500 Iranian military targets in a single day. Supreme Leader Ali Khamenei was killed. Iran's missile capability was degraded by 90% within ten days. The Strait of Hormuz, the narrow waterway through which one fifth of the world's entire oil supply passes every single day, went silent. Within six days, the price of oil climbed from roughly $60 per barrel to $115. The official justification from Washington was straightforward: Iran's nuclear programme posed an unacceptable threat. Reasonable enough.
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