Retaliatory strikes have so far been high in volume but mostly not very effective and are likely to become less so
In the grim calculus of war, Iran now has to hope it gets lucky. The first hours of the joint US-Israeli assault were catastrophic for the Iranian regime: the supreme leader, Ali Khamenei, killed alongside, it is believed, the minister of defence, the head of the armed forces and the head of the powerful Revolutionary Guards.
Iran knew its security apparatus had been compromised during the 12-day war of June 2025 when Israel killed a string of senior military commanders. During January’s street protests, Khamenei was moved away to a secure location for his own safety, yet on Saturday he felt safe enough to hold a security meeting in his compound in Tehran.



