America's relationship with Iran didn't start with a missile strike — it started with a CIA coup in 1953. Operation Ajax overthrew Iran's democratically elected Prime Minister Mohammad Mosaddegh, who had the audacity to suggest Iranian oil should belong to Iran. We installed the Shah, funded his brutal secret police, and acted surprised when 26 years of repression exploded into the 1979 Islamic Revolution.

The hostage crisis followed. 66 Americans held for 444 days. A botched rescue mission. Jimmy Carter's presidency, effectively over. The hostages were released the exact minute Ronald Reagan was inaugurated — timing that historians have been arguing about ever since.

For the next 45 years, every American president had Iran on their desk and none of them pulled the trigger on full military action. That streak ended when Trump launched Operation Midnight Hammer in June 2025 — B-2 bombers, bunker-busters, three nuclear sites destroyed. Then on February 28, 2026, the US and Israel struck again, this time killing Supreme Leader Khamenei himself.

Iran's response: close the Strait of Hormuz. Twenty percent of the world's oil supply, gone. Brent crude hit $126 a barrel. The IEA called it the greatest energy security crisis in history. South Korea — which gets 70% of its crude through the Strait — is down to 26 days of reserves. Four of its airlines are in emergency mode. Its stock market had its worst single session in 43 years.

Meanwhile, RTX stock is up 67% in a year. Lockheed is up 40%. Defense CEOs met with Trump at the White House within a week of the strikes.

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