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The Journal.

What’s Next for Iran?

The Journal.

The Wall Street Journal

Business News, Daily News, News

4.25.8K Ratings

🗓️ 2 March 2026

⏱️ 18 minutes

🧾️ Download transcript

Summary

After a joint U.S. and Israeli military campaign against Iran killed Supreme Leader Ayatollah Ali Khamenei, Iran has launched its own strikes in return. Now, the Middle East is on a path to a broader regional war. WSJ’s Sune Engel Rasmussen explains the Iranian regime's existential fight and how its retaliation is drawing in countries around the region. Jessica Mendoza hosts. Further Listening: - The Bank Collapse Behind Iran's Protests - Trump's 'Donroe Doctrine' on Foreign Policy  Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's almost three days into the U.S. and Israel's massive military action against Iran.

0:13.2

With 2,000 targets hit since the strikes began.

0:18.8

So far, more than 550 Iranians have been killed, according to the humanitarian organization, the Red Crescent.

0:27.3

And Iran has hit back with force.

0:30.4

Here's our colleague Suna Rasmussen.

0:32.6

Almost immediately after the attacks started over the weekend, we saw Iran responding by attacking Arab countries

0:39.5

in the Gulf. In fact, they've attacked every single country in the Gulf.

0:42.1

And many others in Israel took cover as air raid sirens rang out after Tehran vowed revenge

0:48.5

for the killing of its supreme leader.

0:54.0

Explosions have so far been reported across several U.S. air bases in the region, including

0:59.3

in Bahrain, Jordan, and the United Arab Emirates.

1:04.1

Several deaths have been reported after those Iranian strikes, including in Israel and the

1:08.8

United Arab Emirates.

1:11.5

And I think that's to show both the U.S., Israel, the world, and to show the neighbors in the

1:18.5

Middle East that if Iran is attacked, they want to show the countries in the region that they

1:22.3

can't attack Iran without ramifications.

1:28.3

If there's long-term, full-blown war in Iran, that's obviously very dangerous for the Iranian people.

1:35.3

And if things escalate and Iranians rise up and then there is an increased risk for the Islamic Republic of being toppled.

1:43.3

Right now the Iranian regime is fighting for its survival. an increased risk for the Islamic Republic of being toppled.

1:47.4

Right now, the Iranian regime is fighting for its survival.

1:53.1

The U.S. and Israel just killed the Supreme Leader and dozens of his military commanders,

1:56.4

and the regime is genuinely at risk of falling.

...

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