U.S. and Israeli forces initiated coordinated military operations against Iranian targets on February 28, 2026, marking a significant escalation in long-standing regional tensions. The action comes amid heightened concerns over Iran's nuclear program and its regional influence, though neither government has yet released detailed operational statements.
Analysts warn the move could destabilize Middle Eastern security frameworks and impact global energy markets. "This development risks creating ripple effects across Asia's oil-dependent economies," said Dr. Amina Farooq, a geopolitical risk consultant at the Dubai Strategic Studies Institute.
APEC members including China and Russia have called for restraint through diplomatic channels, while United Nations Secretary-General Antonio Guterres urged immediate de-escalation during an emergency Security Council session.
The operation's timing raises questions about its potential influence on ongoing negotiations regarding the Joint Comprehensive Plan of Action (JCPOA), which entered a critical phase earlier this month. Business leaders are closely monitoring crude oil price fluctuations, with Brent futures already showing 4.2% volatility in after-hours trading.
