KT is in beta: iPhone →Android & web →

Why the US and Iran Are at War in 2026

Katy & TheoEpisode 5 of The Iran War7 min

The Iran WarEpisode 57 min · Katy & Theo
0:00-7:19

In the app you can ask Katy about anything mid-episode, then it picks back up.

From the February strike that killed Khamenei to today's blockade, oil shock and a war without an end

Transcript

Katy

Twenty thirty-eight UTC, February twenty-seventh. Three hours earlier Donald Trump had told reporters on the South Lawn he wasn't happy with how the nuclear talks were going. Then he gave the order. Operation Epic Fury.

Theo

Three hours. From "not happy" to launch.

Katy

By six thirty-five the next morning, CENTCOM says it and partner forces have begun airstrikes. Tomahawks off US warships. B-two stealth bombers, B-ones, B-fifty-twos hitting fortified missile sites. And then, ten minutes later, the Israeli Air Force does something different.

Theo

Different how?

Katy

Reuters and CNN both called it a decapitation strike. Supreme Leader Ali Khamenei was at his residential compound, three meetings running at once. He was killed. So were several top officials and members of his family.

Theo

They killed the Supreme Leader. That's... that's not a strike, that's a regime decapitation.

Katy

And here's the loop I want you to hold onto: eight months later, as of today, October twenty-fifth, twenty twenty-six, nobody has won. Trump is publicly weighing whether to, his words, finish them off... or sign a deal. I'll come back to why he can't choose.

Theo

Okay, but back up. Why February? Because there were talks going on, right?

Katy

There were. Indirect talks in Geneva, mediated by Oman, started February sixth. The last round ended without a breakthrough two days before the bombs. Al Jazeera's timeline is blunt about that: the strikes came despite ongoing negotiations.

Theo

So what was Trump's stated reason?

Katy

On Truth Social he said the objective was defending the American people by eliminating imminent threats from the Iranian regime. Nuclear program at the top of the list. The irony being the White House had claimed to have, quote, totally obliterated that program back in June twenty twenty-five.

Theo

Totally obliterated, then needing obliterating again eight months later.

Katy

Iranian officials always said it was set back, not destroyed. And in July twenty twenty-five Iran barred IAEA inspectors. So nobody outside really knew. But the other half of the answer isn't nuclear at all. It's the street. December twenty-eighth, twenty twenty-five, the rial collapses, protests break out over prices. January eighth, Iran shuts off the internet nationwide for more than two weeks.

Theo

And Trump's watching this.

Katy

January thirteenth he tells Iranians to keep protesting. Help is on the way. CNN reported a crackdown that left thousands of protesters dead, and Trump saying the US was locked and loaded. Meanwhile — and this is the split screen — while envoys talked, the administration was assembling the biggest US military buildup in the Middle East since the Iraq invasion in two thousand three. That's exactly it. Talks in one window, aircraft carriers in the other.

Theo

Hang on — how do we know the protests were the real trigger and not the nuclear file? Isn't that interpretation?

Katy

It is interpretation, and you should hold it loosely. The confirmed facts are the sequence and the stated reasons. What CNN reported is that the twelve-day war in June twenty twenty-five left the regime severely weakened and the economic crisis made it weaker still. The read that Washington saw an opening is a read.

Theo

Fair. So Iran hit back how?

Katy

Within hours. About a hundred and seventy ballistic missiles by Israeli estimate. One hit the US Fifth Fleet service center in Bahrain at nine twenty-six UTC. Strikes in Haifa, Tel Aviv — a residential building, a woman in her forties killed, twenty-seven injured. And missiles landed in Saudi Arabia, Qatar, the UAE, Iraq. Yes — and that last part is why this stopped being an Iran war and became a regional one. Then Iran reached for the real weapon. Not missiles. The Strait of Hormuz. A quarter of the world's seaborne crude, nearly a fifth of its LNG.

Theo

And they can actually close it?

Katy

Not close — control. Congressional Research says Iran started forcing ships to route through its own territorial waters and attacking the ones that refused. There was a ceasefire April seventh. A memorandum Trump and President Pezeshkian signed June seventeenth, lifting the US blockade for sixty days of free passage. By early August the blockade was back on.

Theo

What does that do to prices? Real numbers.

Katy

North Sea Dated crude jumped twenty-six dollars in a month to about a hundred and seventeen in September. The IEA says it was trading near a hundred and thirty-four dollars when they wrote this month's report. Diesel touched over two hundred dollars a barrel — roughly double crude. Global oil demand falling two point six million barrels a day this year.

Theo

So the war is in everyone's heating bill.

Katy

And now the payoff. Why Trump can't choose. Midterms are November third. He posted Thursday that Iran is faking tanker hits to drive up prices before the vote. The Institute for the Study of War says, yes, Iran is using shipping attacks to pressure him politically.

Theo

So the oil price is a campaign weapon.

Katy

Both ways. Meanwhile CENTCOM has strike options ready for Secretary Hegseth, per The Hill. The New York Times reports joint US-Israeli plans for after the midterms. Iran announced an offensive doctrine on Wednesday — countries hosting bases used against Iran become targets. And today Trump said... there will not be a strike today.

Theo

Today. One word doing a lot of work.

Katy

Qatari mediators were in Tehran. Iran says messages are still passing. And in Tehran, Fereshteh Hajipour, thirty-five, with a toddler, told the AP she's stockpiling over-the-counter medicine and food, afraid of bigger bombs.

Theo

That's the whole war in one sentence, isn't it. Two governments waiting out an election, and she's buying paracetamol.

Katy

Iran's parliament speaker called it a quagmire the US has to extricate itself from. An analyst at Israel's INSS told the CBC a third round could be the worst yet. The honest answer today is nobody knows which way it breaks, including the people holding the pen. This war began with a three-hour decision. It may end with one too. That's the part that should keep you up.

Sources

Katy and Theo researched this episode from these sources.

  1. Live Updates: Trump says he's weighing deal with Iran against action to "finish them off"
  2. Timeline of the 2026 Iran war
  3. Iran war live: Trump says ‘no strike today’; Qatar mediators visit Tehran | US-Israel war on Iran News | Al Jazeera
  4. US, Israel bomb Iran: A timeline of talks and threats leading up to attacks | US-Israel war on Iran News | Al Jazeera
  5. The Strait of Hormuz: Security Developments and Impacts on Oil, Gas, and Other Commodities | Congress.gov | Library of Congress
  6. Why a new round in the U.S.-Iran conflict could be the most devastating yet | CBC News
  7. Iran says messaging continues with the US, and other Mideast developments | AP News
  8. What led up to Trump's decision to strike Iran | AP News
  9. Oil Market Report - October 2026 - IEA
  10. Why the US and Israel attacked Iran; what we know so far | CNN
  11. CENTCOM reportedly has plans for Iran strikes: Will Trump approve them? | US-Israel war on Iran News | Al Jazeera