Global Escalation: Khamenei Killed in US-Israel Strike as Markets React

World in Shock: Ayatollah Ali Khamenei Killed as US and Israel Launch Massive Operation. The global landscape shifted dramatically on March 1, 2026, following a joint military strike by the United States and Israel that resulted in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei. U.S. President Donald Trump described the operation as an effort to annihilate Iran’s military capabilities and topple its leadership. High-ranking officials, including the chief of the Revolutionary Guards, were also killed in the Tehran strikes. Iran has since launched retaliatory missile attacks across the Middle East, hitting targets near Dubai and Doha. In the wake of the violence, Brent crude oil prices rose 2.1% and gold analysts predict prices hitting $5,500 per ounce. Beyond the geopolitical crisis, SpaceX successfully launched 25 Starlink satellites, while NASA announced a ‘back to basics’ overhaul for the Artemis moon program. In other news, a firecracker factory disaster in India killed 21, and England secured a T20 World Cup semifinal spot after defeating New Zealand.