Iran Retaliates for Larijani's Assassination
Analysis based on 28 articles · First reported Mar 17, 2026 · Last updated Mar 18, 2026
The assassination of Ali Larijani by Israel has triggered significant retaliation from Iran, including missile strikes and threats to the Strait of Hormuz, causing oil prices to rise and creating global economic uncertainty. The conflict's escalation is leading to increased volatility in energy markets and concerns about regional stability.
Iran is holding funerals for its security chief Ali Larijani and Basij paramilitary force head Gholamreza Soleimani, both killed by Israeli air strikes. In retaliation, Iran launched a wave of missiles at Israel, killing two people near Tel Aviv, and also reported Israeli-US strikes on its own territory. The conflict has drawn Lebanon into the war, with Israeli strikes killing multiple people in Beirut and Sidon. Iran has also threatened to close the Strait of Hormuz, a crucial waterway for oil, causing global oil prices to hover around $100 a barrel. The United States has deployed heavy bombs to counter Iranian missile sites threatening international shipping. US President Donald Trump expressed frustration with allies for not assisting in securing the Strait of Hormuz. Turkey condemned Israel's actions as 'illegal activities'. Israel has vowed to target Iran's new supreme leader, Mojtaba Khamenei, and Prime Minister Benjamin Netanyahu called for the end of the Islamic republic. Joseph Kent, director of the US National Counterterrorism Center, resigned, criticizing the US involvement in the war.
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