The massive airstrikes by Israel and the United States on Iran were not entirely unexpected. Strike forces had been building up in the Persian Gulf for months. Iranian-American negotiations had stalled and offered little prospect of success. Yet the killing of Supreme Leader Ali Khamenei, members of his family, and several senior Iranian officials have sent shockwaves far beyond the region.
Iran has responded with missile strikes on Israel and US facilities in the Middle East. The repercussions were immediate: disruptions to oil shipments in the Persian Gulf and instability in financial and transport infrastructure in the UAE and Qatar.
Iran…
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