politics

How the Iran war unfolded: every attack and oil price change

From the first US and Israeli strikes six months ago to the battle for Hormuz, this timeline plots how Trump’s war on Iran quickly became a regional conflict with global economic consequences

How the Iran war unfolded: every attack and oil price change

TL;DR

  • US and Israel initiated large-scale strikes on Iran on February 28, 2026, leading to Iran attacking allied nations in the Gulf.
  • Iran's supreme leader, Ali Khamenei, was killed on the first day, and the strait of Hormuz was effectively closed.
  • The conflict evolved into a regional war with substantial global economic repercussions.
  • The strait of Hormuz, a vital oil transport route, remains central to the conflict, with its closure disrupting global supplies and increasing prices.
  • The timeline covers six months of fighting, threats, and failed diplomacy, detailing disruptions to shipping and oil price volatility.
  • Methodology includes analysis of Truth Social, IRGC Telegram, and X posts, alongside data from LSEG, Lloyd's List Intelligence, and Acled.