U.S.–Israeli Attacks on Iran — Full Comprehensive Coverage and Current Situation (2026 Conflict)

Role of the Islamic Revolutionary Guard Corps

The Islamic Revolutionary Guard Corps (IRGC) becomes the central operational actor after leadership losses.

Its responsibilities include:

  • Coordinating missile launches

  • Controlling proxy networks

  • Managing naval disruption efforts

  • Enforcing domestic stability

In this scenario, IRGC naval units harass commercial tankers in the Strait of Hormuz, raising global oil prices dramatically.

Economic Shockwaves and Global Energy Crisis

The fictional conflict triggers immediate global consequences:

Oil Market Collapse and Spike

  • Brent crude surges above $180 per barrel

  • Insurance rates for Gulf shipping triple

  • Asian markets enter panic trading

Approximately 20% of global oil supply transits through the Strait of Hormuz, making even temporary closure catastrophic.

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March 4, 2026 | 5:44 pm

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