What is happening between the US, Israel and Iran is not a regional crisis that would burn itself out in the Gulf. It is a reconfiguration that is already reshaping balances far beyond the Middle East, stretching across the Indo-Pacific region and the broader Eurasian space. The most common mistake is to read this war as a localized fracture. What we are actually facing is a shock that redistributes attention, resources and vulnerabilities on a global scale. The killing of Iranian supreme leader Ayatollah Ali Khamenei in the joint US-Israeli strikes on Saturday transformed what might have looked like a military escalation into something qualitatively different: a systemic crisis. This is no longer just a war. It is an event that reorganizes.
Di Aniello Iannone
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