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28 Feb 2026

US and Israel launch regime change attempt in Iran, potentially roiling markets

The US and Israel launched air strikes on Iran earlier this morning, with the apparent aim of overthrowing the regime that has ruled since 1979. In an early-morning address, US president Donald Trump said “The United States military is undertaking a massive and ongoing operation to prevent this very wicked, radical dictatorship from threatening America and our core national security interests,” telling Iranians: “When we are finished, take over your government. It will be yours to take.” Verifiable news has been limited, but the initial barrage appears to have targeted Iranian leadership, not wider military or economic infrastructure. Explosions have...

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