Morning Summary 1st of March 2026.

Politics The weekend's defining story: the US and Israel have struck Iran, with reports of Supreme Leader Khamenei killed in the strikes. President Trump warned on Truth Social that any Iranian retaliation will be met with "a force that has never been seen before." He later declared strikes would continue for the rest of the week or longer. Massive pro-government crowds flooded Iranian streets to mourn and vow revenge. Iranian retaliation is already visible in the waterways: a Palau-flagged oil tanker was attacked near the Strait of Hormuz, injuring 4 crew members, and a second tanker was struck off Oman's port of Khasab. Separately, 11 US senators requested a federal probe into Binance over alleged Iran-linked sanctions violations — crypto is now formally entangled in the geopolitical fallout.