According to Premium Times reporting on the early hours of Saturday, United States President Donald Trump has officially confirmed a coordinated “massive and ongoing” military offensive against Iran. The strikes, conducted in partnership with Israeli forces, were reportedly authorized to neutralize imminent threats to American lives following a breakdown in indirect nuclear negotiations.
The escalation follows months of regional tension. ThisDay Live confirmed the development, noting that the strikes hit several strategic locations across Iran, with a correspondent stating, “The scale of the explosions suggests a significant shift in Western military posture toward Tehran.” Similarly, BusinessDay reported that the Iranian government has acknowledged the hits, quoting an official who described the act as a “blatant violation of sovereignty that will not go unanswered.”
Echotitbits take:
This direct military intervention by the U.S. and Israel marks a perilous new chapter in Middle Eastern geopolitics. Investors should watch for a sharp spike in global oil prices and potential retaliatory cyber-attacks or maritime disruptions in the Strait of Hormuz.
Source: NBC – https://www.nbcnews.com/world/iran/live-blog/israel-iran-live-updates-rcna261099, February 28, 2026
Photo credit: NBC
