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GeopoliticsHigh Impact•3 March 2026•

1 min read

US Launches 'Operation Epic Fury' Against Iran, Debuting Kamikaze Drones in Combat

US flag on map, Middle East map, warships, oil tankers, oil barrels, and naval mines on water, with trade routes and an upward trend graph.

Key Facts

1US forces conducted over 1,700 strikes against IRGC assets in Iran as part of 'Operation Epic Fury'.

2First combat use of US one-way attack drones (LUCAS), modeled after Iranian Shahed drones.

U.S. forces have initiated a massive aerial campaign against Iranian Revolutionary Guard Corps (IRGC) assets under the codename Operation Epic Fury. The operation involved over 1,700 strikes, utilizing a sophisticated mix of stealth jets, heavy bombers, and guided-missile destroyers to target high-value military infrastructure. Notably, the military marked the first combat deployment of the LUCAS one-way attack drones, a system influenced by Iranian Shahed designs and tactical lessons from the conflict in Ukraine. This direct military confrontation represents a major geopolitical shock, triggering immediate concerns over global energy supply stability. Markets responded with a flight to safety, driving up Gold (XAU/USD) and Brent Crude prices while putting significant downward pressure on equity indices like the SPY. Investors remain on high alert for potential Iranian retaliation and further escalation in the region.