The US conflict with Iran began February 28, 2026, after strikes on Iran’s nuclear and missile sites following the Strait of Hormuz closure.
Trump extended a 48-hour ultimatum by five days, claiming productive talks, while Iran’s parliament speaker denied any negotiations and accused him of market manipulation.
Oil prices plunged over 10% and stocks rallied on de-escalation hopes, as memes mocked both sides and Israel pushed for a deal safeguarding its interests.