US-Israeli Airstrikes Kill Iran's Supreme Leader
Analysis based on 18 articles · First reported Jan 29, 2026 · Last updated Mar 02, 2026
The US-Israeli airstrike campaign against Iran, resulting in the death of Ali Khamenei and significant damage to the Islamic Revolutionary Guard Corps, is expected to cause substantial market volatility in the Middle East, particularly in energy markets. The disarray within the Islamic Revolutionary Guard Corps and the potential for its military units to act independently could lead to increased regional instability and impact global supply chains.
A US-Israeli airstrike campaign has targeted Iran, resulting in the death of Supreme Leader Ali Khamenei and significant damage to the Islamic Revolutionary Guard Corps. This paramilitary force, which oversees Iran's ballistic missile arsenal and foreign operations, has seen its top generals killed and key military sites destroyed. The Islamic Revolutionary Guard Corps' 'Axis of Resistance' strategy, which backs groups like Hezbollah, the Houthis, and Hamas, is under severe pressure due to ongoing conflicts and the fall of Bashar al-Assad's government in Syria. Iran's foreign minister has suggested that military units may be acting independently, raising concerns about central government control and regional stability. The European Union has also listed the Islamic Revolutionary Guard Corps as a terrorist organization.
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