Middle East tensions remain elevated following joint military actions by Israel and the United States against Iran in late February 2026. On Thursday, newly appointed Iranian Supreme Leader Mojtaba Khamenei issued his first public statement since assuming office, pledging to continue retaliatory measures against what he described as "aggressive foreign interventions."
The February 28 strikes targeted Iranian military infrastructure, marking a significant escalation in regional hostilities. Analysts suggest Khamenei's warning reflects Tehran's strategy to consolidate domestic support while projecting strength abroad. Regional governments have called for restraint, with Jordan and Qatar proposing emergency mediation talks through the Gulf Cooperation Council.
Global energy markets remain volatile, with Brent crude prices fluctuating near $95 per barrel this week. Business leaders anticipate potential disruptions to critical shipping routes in the Strait of Hormuz, through which 21% of global oil trade passes annually.
