U.S. and Israel Launch Military Operation Against Iran; Supreme Leader Khamenei Killed.

Strait of Hormuz in Focus

According to TSN.ua: U.S. President Donald Trump has signaled the possibility of escorting vessels through the Strait of Hormuz while issuing new threats of strikes against Iran. As of February 28, the United States and Israel have initiated a joint military campaign targeting Iran, resulting in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei. Trump emphasized Washington’s readiness to act if necessary, stating:

“We’ll do it if we have to. But, you know, hopefully everything will go very well. We’ll see what happens.” — Donald Trump

Costs and Consequences of the Military Campaign

The operation, which began on February 28, has already incurred substantial expenses. During the first six days, approximately $11.3 billion was spent, with the initial 100 hours alone costing around $3.7 billion. The strikes not only killed Khamenei but also eliminated roughly 40 senior Iranian military commanders. On March 8, Mojtaba Khamenei, the former leader’s son, was appointed as Iran’s new Supreme Leader.

Trump further stated, “We will hit them very hard over the next week,” underscoring U.S. intentions to sustain military pressure in the region. These developments have sparked widespread international concern, as the situation in the Strait of Hormuz—a critical artery for global oil shipments—poses serious risks to worldwide security and economic stability.

The Strait of Hormuz serves as a vital chokepoint for oil transport, meaning any disruption could trigger major volatility in energy prices. The ongoing U.S.-led military actions in Iran and their fallout threaten to escalate regional conflict, heightening dangers to international order.

Global reactions to these events may range from diplomatic initiatives to potential sanctions against either the United States or Iran, depending on how the situation evolves.