The conflict in the Middle East reached a new level of escalation over the weekend. The United States and Israel conducted massive air strikes on targets inside Iran as part of 'Operation Epic Rage' (US designation) or 'Roaring Lion' (Israeli designation). Reports suggest that the spiritual leader of Iran, Ayatollah Ali Khamenei, was killed in the process. US President Donald Trump called on the Iranian population to use the opportunity for a regime change, while Tehran threatened retaliation and reportedly partially sealed off the strategically important Strait of Hormuz.
In Germany, the National Security Council, led by Chancellor Friedrich Merz, convened. Merz stated that while there is currently no 'very great danger' to German territory, security authorities are on high alert. Protection for Jewish, Israeli, and American facilities, in particular, was strengthened. Intelligence experts warn of possible covert operations by Iranian 'sleeper cells' or cyberattacks on critical infrastructure in response to the military strikes.
The economic consequences are already noticeable on the stock markets. Prices for crude oil and gold rose sharply, while stock indices like the DAX recorded losses. Investors are increasingly seeking safety in real assets, as a prolonged blockade of key transport routes could fuel inflation. Meanwhile, Schleswig-Holstein's Minister-President Daniel Günther demanded more clarity and support from the federal government for German tourists stranded in the region due to flight cancellations and airport closures.
On the international level, Democrats in the US Congress announced their intention to limit the President's 'war powers'. In Great Britain, Prime Minister Keir Starmer authorized the use of British bases for defensive purposes, after which an RAF base in Cyprus became the target of a drone attack.
