US-Israeli strikes

In March 2026, US-Israeli strikes on Iran initiated a period of heightened tensions and instability. These strikes, which began around February 28th, targeted Iranian military officials, universities, and residential areas in Tehran, resulting in casualties and significant damage. The attacks on universities have raised questions about the definition of legitimate retaliation. The killing of Iran's Supreme Leader Ayatollah Ali Khamenei in these strikes further escalated the situation, prompting retaliatory attacks by Iran on Israel and US assets in the region. Iran's subsequent blockade of the Strait of Hormuz, a critical oil shipping route, has been described as an attempt to "hijack the global economy," causing oil prices to surge. This blockade has spurred international discussions, involving approximately 40 countries, regarding potential joint action to reopen the waterway. Pro-Iran protests, some violent, have erupted in Pakistan following Khamenei's death, leading to curfews and troop deployments. The situation is relevant due to its potential to escalate into a wider conflict and its immediate impact on global economic stability.