World Faces Major Economic Crisis Following Iranian Infrastructure Attacks and Supreme Leader's Death

The global economy is heading toward a major crisis following attacks on Iranian infrastructure and the death of Supreme Leader Ali Khamenei on February 28, 2026. Economists are describing the situation as the largest energy crisis since the 1970s. The crisis is expected to hit Europe particularly hard, with Asia facing the worst economic consequences. The events that began seven weeks ago have triggered a chain reaction that international experts say will inevitably lead to significant economic disruption worldwide.