Today's Crude Oil Prices, Market Analysis & The Israel-Iran Conflict: What It Means for Global Energy in 2026
Overview On February 28, 2026, the United States and Israel launched a coordinated military campaign — code-named Operation Epic Fury — against Iran, targeting its military command infrastructure, nuclear facilities, and senior leadership. The strikes killed Supreme Leader Ali Khamenei and dozens of top Iranian officials, triggering an immediate and sweeping military response from Tehran. The conflict has rapidly escalated into one of the most consequential geopolitical and energy market crises