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GeopoliticsMedium•2 March 2026•

1 min read

Post-Oct. 7 Shift: Multiyear Degradation of Iran’s Proxy Militia Network Underway

Maps of USA and Iran with flags, military jets, warships, oil barrels, gold, and dollar signs, against an orange digital background.

Key Facts

1Foreign policy experts consider the Oct. 7 attacks a decisive turning point in the long-standing conflict between Iran and Israel.

Foreign policy experts identify the October 7 attacks as a decisive turning point in the long-standing geopolitical conflict between Iran and Israel. The subsequent military aftermath has triggered a sustained, multiyear effort to dismantle Iran’s extensive network of proxy militias across the region. This strategic shift aims to neutralize the "ring of fire" surrounding Israel, significantly altering the regional security landscape. Financially, the persistent tension maintains a significant risk premium on Brent Crude oil prices and supports safe-haven demand for Gold (XAU/USD). Regional volatility continues to impact the Israeli Shekel (USD/ILS) while driving increased interest in global defense-related equities. As military operations persist, market participants remain focused on the long-term implications for Middle Eastern stability and energy supply chains.