Consider the severe economic body blows to China in the past 14 months.

♦ First blow, the Trump tariffs hit Beijing hardest. ♦ Second blow, the Beijing tentacle on the Panama Canal is severed.  ♦ Third blow, global tariff threats changed the risk dynamic for southeast Asia countries who acted as transnational shippers for China. ♦ Fourth blow, cheap sanctioned oil from Venezuela was cut-off. ♦ Now, the fifth blow; cheap, sanctioned Iranian oil is disrupted.

As noted by Politico: Following USA military strikes, “ships have begun to avoid the Strait of Hormuz off the coast of Iran — a critical shipping lane for Gulf nations to export oil to Asia. China in 2025 received about half of its imported oil from the six Gulf countries that rely on the strait. Other large crude oil producers in the region — including Saudi Arabia, Iraq and the United Arab Emirates — transport almost all their crude exports through the geographic bottleneck.”

[SOURCE]

It’s not just a factor of oil flow, but also the price that China will ultimately end up having to pay.  Beijing was buying oil from Venezuela, Iran and Russia at steep discounts because their purchases were skirting western sanctions.

With Iranian oil production now no longer a market option, China will seek to replace their needs with more Russian alternative. However, that diversion means the oil India was purchasing from Russia will come at a higher price, and the refined final product that was exported by India will arrive to the European Union carrying an additional cost.

Simultaneously, Vladimir Putin was asked about Russia’s lack of military support to Iran in response to the U.S. military action, to wit the Russian president noted the technical terms of their joint military agreements did not include Russia’s immediate involvement.  In shorthand, Russia is busy and is not getting involved.

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President Trump makes remarks about the ongoing “Operation Epic Fury.”

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Senate Intelligence Committee Chairman Tom Cotton appears on CBS Face the Nation to discuss the ongoing U.S. military operation against Iran.  Video and Transcript Below

[TRANSCRIPT] – MARGARET BRENNAN: Imtiaz Tyab reporting from Muscat, Oman. We turn now to the chairman of the Senate Intelligence Committee, Arkansas Republican Tom Cotton, who joins us from Bentonville. Good morning to you, Senator.

SEN. TOM COTTON: Good morning, Margaret.

MARGARET BRENNAN: The President of the United States warned the American public that there could be casualties, American casualties. Does that mean the U.S. is putting boots on the ground?

SEN. COTTON: No, Margaret, the president has been clear that what we should expect to see is an extended air and naval campaign that’s designed not only to continue to set back Iran’s nuclear ambitions, but most importantly, to destroy its vast missile arsenal. Many more missiles than the United States and Israel have air defenses combined, as well as the missile launchers and its missile manufacturing capability. Now obviously one risk of that kind of campaign is that an aircraft could be shot down, and the president would never leave a pilot behind. So no doubt we have combat search and rescue assets in the region that are prepared to go in and extract any downed pilot. But barring that kind of unusual circumstance, Margaret, the president has no plan for any kind of large scale ground force inside of Iran.

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U.S. Central Command (CENTCOM) is now confirming that three U.S. Servicemembers have been killed in action, and another five have been seriously injured. [SOURCE] One report indicates the three fatalities were the result of an Iranian missile strike against U.S. forces in Kuwait.

TAMPA, Fla. – As of 9:30 am ET, March 1, three U.S. service members have been killed in action and five are seriously wounded as part of Operation Epic Fury. Several others sustained minor shrapnel injuries and concussions — and are in the process of being returned to duty.

Major combat operations continue and our response effort is ongoing. The situation is fluid, so out of respect for the families, we will withhold additional information, including the identities of our fallen warriors, until 24 hours after next of kin have been notified. {source}

There are no details surrounding the deaths or injured.  According to Military.Com, “U.S. forces across the region remain on heightened alert as commanders assess force protection measures and potential follow-on actions. Senior defense officials are expected to brief lawmakers in the coming hours as the scope and trajectory of the operation continue to develop.”

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Iran’s state media delivered the message this way: “To the noble and proud people of Iran: With the ultimate grief and sorrow this is to inform you that following the barbaric attack by the criminal governments of America and the evil Zionist regime, the true example of faith, jihad and resistance, the Supreme Leader of the Revolution Grand Ayatollah Khamenei achieved the blessing of martyrdom.”

President Trump shares the following message via Truth Social:

“Khamenei, one of the most evil people in History, is dead. This is not only Justice for the people of Iran, but for all Great Americans, and those people from many Countries throughout the World, that have been killed or mutilated by Khamenei and his gang of bloodthirsty THUGS. He was unable to avoid our Intelligence and Highly Sophisticated Tracking Systems and, working closely with Israel, there was not a thing he, or the other leaders that have been killed along with him, could do.

This is the single greatest chance for the Iranian people to take back their Country. We are hearing that many of their IRGC, Military, and other Security and Police Forces, no longer want to fight, and are looking for Immunity from us. As I said last night, “Now they can have Immunity, later they only get Death!”

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According to multiple confirmations following visible evidence of his body, news is now widely spreading throughout the middle east that Iran’s Supreme Leader Ayatollah Ali Khamenei is DEAD.

This could rapidly escalate an end to the U.S. military operation, through regime change.  We await confirmation of this news from President Donald Trump.

The very first strikes in Tehran by Israeli Defense Forces (IDF) were targeted to the power circle in control of government in Iran.

In a nationally televised address, Israeli Prime Minister Benjamin Netanyahu just said the strikes had targeted the compound of Supreme Leader Ayatollah Ali Khamenei.

“There are growing signs that the tyrant is no longer alive,” Netanyahu said. However, earlier today, Iran’s foreign minister told NBC News that the country’s supreme leader and president were alive “as far as I know.”

Several of Iran’s top military leaders and family members of Khamenei are confirmed to have been killed, which seems to explain the unfocused attacks by Iran toward a host of middle east nations including Israel, Bahrain, Dubai, Kuwait, Saudi Arabia and the United Arab Emirates.

Iran’s Supreme Leader Ayatollah Ali Khamenei was killed in an Israeli airstrike this morning on Iran, with his body being found recently among the rubble, Israeli officials tell The Times of Israel. {Source}

Brig. Gen. Effie Defrin, an Israeli military spokesperson, says the strikes also killed other senior Iranian officials. Defrin says they included the commander of the Islamic Revolutionary Guard Corps, the defense minister, the head of Supreme Leader Ayatollah Ali Khamenei’s military bureau and the secretary of Iran’s Supreme National Security Council. {Source}

U.S. President Donald Trump has spoken with the leaders of Saudi Arabia, Qatar, the United Arab Emirates and NATO Secretary-General Mark Rutte, after the strikes on Iran, according to White House press secretary Karoline Leavitt.

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Many Americans are waking up this morning to discover the United States and Israel have launched joint military operations against Iran.  The news can be unsettling, unnerving and yes, admittedly, frustrating for many.

President Trump has made the decision and called for the people of Iran to stand now against the Iranian regime that has been a thorn in the side of many regional partners for decades.  A direct and kinetic U.S. war against Iran is underway.

This decision has weighed heavily on President Trump throughout the first fourteen months of his presidency. Regardless of our personal opinions therein, the decision has been made.  Knowing the stakes at hand both here and abroad, we carry the assurance that President Trump knows what the ramifications entail.

Accepting the stakes; knowing this is an all or nothing proposition; the conflict is likely to be a long duration event for several days, even weeks.  For the leadership in Iran this is a zero-sum moment.  For those who have long tried to find an alternative to war, this is also a no retreat moment.  Either the regime in Iran is toppled, or the operation will have failed. Given all the expanded energy, this is the reality of the matter.

(AP) – A person briefed on the military plans says Saturday’s operation was planned by the U.S. and Israel for months and closely coordinated. The person says the attacks are expected to continue for several days. {SOURCE}

That said, there will be time for talking about the domestic political consequences for this action; however, this is not that time. Right now, our thoughts and prayers are with American military carrying out their mission, and with those who are in the expanded region of conflict.  We pray for their protection, safety and strength.

Within hours the Iranian regime responded with counter attacks launched against U.S. military bases and regional allies in Qatar, Kuwait, Bahrain, Saudi Arabia, Jordan and the UAE.  U.S. and allied defensive missile systems are intercepting Iranian missiles in multiple operational areas while the U.S. joint military operations against Iran continue into what is presumably multiple pre-planned stages.

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The United States together with the State of Israel have begun major military combat operations against Iran.  Early reports indicate several top Iranian military leaders have been killed.  President Trump made the announcement moments ago (video below):

According to the Associated Press (AP) “The U.S. strikes took place from both air and sea, according to a U.S. official who spoke on condition of anonymity to discuss ongoing military operations.”

Associated Press – Live Reports:

The United States and Israel launched an attack Saturday on Iran, with the first apparent strike happening near the offices of Supreme Leader Ayatollah Ali Khamenei.

Iranian media reported strikes nationwide, and smoke could be seen rising from the capital.

President Donald Trump said in a video posted on social media that the U.S. had begun “major combat operations in Iran.” He claimed Iran has continued to develop its nuclear program and plans to develop missiles to reach U.S. (Live Reports)

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According to all regional reporting, Israel has launched a preemptive missile strike into Iran.  The target is unknown, but some reports indicate the strikes were at/near the offices of Supreme Leader Ayatollah Ali Khamenei.

Israeli Defense Ministry on X: “In the last few minutes, sirens were sounded all throughout Israel, with an advance instruction alert directly to cellular devices to stay within proximity to protected spaces. This is a proactive alert to prepare the public for the possibility of missiles being launched toward the state of Israel.”

DUBAI, United Arab Emirates (AP) — Israel launched a daylight attack Saturday on Iran’s capital, with a cloud of smoke rising from the city’s downtown. The apparent strike happened near the offices of Supreme Leader Ayatollah Ali Khamenei.

It wasn’t immediately clear whether the 86-year-old Khamenei had been in his offices at the time. He hasn’t been seen publicly in days as tensions with the United States have grown. But the attack comes as the United States has assembled a vast fleet of fighter jets and warships in the region to try to pressure Iran into a deal over its nuclear program.

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The summary of the story basically circles back to that NSA/CIA whistleblower intercept they previously were using to attack DNI Tulsi Gabbard.  Now that the whistleblower’s lawyer (same lawyer as last CIA whistleblower, Ciaramella) has leaked the subject of the conversation was Jared Kushner the democrats really want to know the details.

Two foreign nationals (unknown countries) were discussing the U.S. position toward Iran. In their conversation they talked about Jared Kushner. Their conversation was intercepted by NSA/CIA using an “exceptionally sensitive surveillance method.”  The intercept was written, evaluated and determined to be “gossip” but given to the ODNI, Gabbard.

The whistleblower was upset the intercept was not shared with the larger intelligence apparatus. Thus, they were angry at Gabbard.  The ODNI followed the distribution for the whistleblower complaint, but not the underlying intercepted details of the conversation.

The White House has now asserted “executive privilege” over the content of the intercept, thereby bolstering the position of not sharing what was previously determined to be gossip.  The DNI was asked for the details, and Gabbard has told the Democrats the White House has asserted privilege.  The House and Senate Intelligence committee democrats are now big mad they don’t get to read the gossip.

(VIA WSJ) – WASHINGTON—The Trump administration told Congress it won’t share with lawmakers the classified intelligence that led to a whistleblower complaint against U.S. spy chief Tulsi Gabbard, citing presidential claims of executive privilege.

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