Wednesday, March 11, 2026

Operation Epic Fury: US-Israel Strike on Iran Shakes Middle East, Oil Markets

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The Middle East has seen decades of brinkmanship, proxy conflicts, and near-misses. But what began on February 28, 2026, was something different — something that may have permanently altered the architecture of the region and, perhaps, the world.

In the early hours of that morning, the United States and Israel launched a sweeping, coordinated military campaign against Iran under the dual operations known as Roaring Lion and Epic Fury. The strikes targeted Iranian military infrastructure, Revolutionary Guard installations, naval assets — and, most staggeringly, resulted in the assassination of Supreme Leader Ali Khamenei. What had long been theorized in think tanks and war-game scenarios had become reality.

A Scale Unlike Anything Before

President Donald Trump didn’t understate it. Speaking publicly in the days following the initial assault, he described the operation in sweeping terms: “Over the past 36 hours, the United States and its partners have launched Operation Epic Fury, one of the largest, most complex, most overwhelming military offensives the world has ever seen.” Whether or not one accepts that framing at face value, the sheer number of targets — hundreds of sites across Iran — lends the claim at least some credibility.

That’s the scale of it. But scale alone doesn’t answer the harder question: Was it legal? Was it justified? Secretary of State Marco Rubio moved quickly to address that, insisting before reporters that the administration had intelligence pointing to an imminent Iranian threat. “There absolutely was an imminent threat,” Rubio stated, “and the imminent threat was that we knew that if Iran was attacked — and we believe…” The sentence, notably, trailed off in transcripts — which may itself say something about the clarity of the administration’s public case.

Collapse in Tehran, Fire Across the Region

By March 5, the diplomatic fallout was cascading through the halls of the United Nations. Israeli Ambassador Danny Danon addressed the Security Council with barely concealed urgency — and something close to triumph. “This is a regime going down,” he declared, “and trying to set the entire region on fire as it falls.” It was a striking image. And not an inaccurate one, if the surrounding dynamics hold.

Iran’s government, decapitated at its highest levels, was reportedly struggling to maintain command-and-control over its own forces and allied proxies across Lebanon, Iraq, Syria, and Yemen. Still, a wounded state — especially one with entrenched ideological militias and hardened institutional networks — doesn’t simply disappear. The risk of asymmetric retaliation, cyberattacks, and proxy escalation remains very real, and analysts across the political spectrum have said as much.

Markets Rattled, World Watching

How bad is the economic fallout? In a word: significant. Global oil markets, already jittery from years of post-pandemic instability and geopolitical friction, are now bracing for serious price shocks. Iran sits astride some of the most critical maritime chokepoints in the world, and even the perception of prolonged conflict near the Strait of Hormuz is enough to send energy futures into a tailspin. Analysts and traders are warning of sustained volatility with no clear ceiling in sight.

That’s not just a Wall Street problem. Higher oil prices filter through to fuel costs, food transport, manufacturing — essentially everything. The economic consequences of this war, if it drags on, could be felt not just in Tehran and Tel Aviv, but in Lagos, Jakarta, and Kansas City.

The Weight of History

Amid the torrent of military briefings and Security Council statements, one quieter note cut through — a line from John F. Kennedy, resurfaced and circulating widely as the bombs fell: “Mankind must put an end to war before war puts an end to mankind.” It’s a quote that’s been invoked so often it risks cliché. But right now, in this particular moment, it lands differently.

But it’s not that simple — it never is. The architects of this campaign would argue that inaction carried its own catastrophic risks, that a nuclear-capable Iran under Khamenei represented an existential threat that couldn’t be managed indefinitely through diplomacy and sanctions. Their critics would counter that military decapitation without a coherent post-conflict plan is how regions burn for decades. Both arguments contain uncomfortable amounts of truth.

What’s certain is this: the world that existed on February 27, 2026 is gone. The question now isn’t whether the Middle East has changed — it’s whether anyone is prepared to handle what comes next. As Kennedy knew, and as the wreckage of every modern war has confirmed, the hardest part of any conflict isn’t starting it. It’s surviving the aftermath.

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