Iran Launches Missiles at Israel After Joint US-Israeli Strike
Analysis based on 9 articles · First reported Feb 28, 2026 · Last updated Feb 28, 2026
The escalating conflict between Iran and Israel, involving direct military strikes and retaliatory missile launches, is expected to significantly increase geopolitical risk premiums across global markets. This will likely lead to higher oil prices, increased demand for safe-haven assets, and potential disruptions in aviation and other industries in the Middle East.
In a significant escalation of regional hostilities, Iran launched missiles toward Israeli territory following a joint pre-emptive military strike by Israel and the United States on Iranian sites. The Israeli Defense Forces confirmed the missile launches and activated defensive systems, while the Israel===Home Front Command issued shelter directives to citizens. The joint US-Israeli operation, codenamed 'Operation Roaring Lion' by Prime Minister Benjamin Netanyahu, targeted military sites, missile production facilities, and areas near Supreme Leader Ali Khamenei's office in Iran. In response, Iranian officials had vowed a 'crushing response'. The situation has led to Israel declaring a nationwide state of emergency, moving hospitals underground, and activating sirens. Iran, Israel, and Iraq have all closed their airspace, suspending flights. This military escalation has also disrupted nuclear negotiations between the United States and Iran that were taking place in Oman. India has advised its nationals in Iran and Jordan to exercise caution and consider leaving Jordan due to potential flight disruptions.
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