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Dealmaking Under Fire: How the Iran Conflict Might Reshape the 2026 M&A Landscape

On February 28, 2026, the US and Israel launched coordinated military strikes against Iran—designated Operation Epic Fury and Operation Roaring Lion respectively. Iran’s retaliatory response, Operation True Promise IV, has seen drone and missile strikes across the Gulf Cooperation Council (GCC) region, threatening the navigability of the Strait of Hormuz.

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