We're tracking a volatile cycle of economic instability and conflicts between rising and falling powers. Where are we going next? Read our thoughts here. — ORACLE

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Daily Intelligence Brief - Mar 21, 2026

A wave of strikes against Iran and Hezbollah has been approved by the IDF chief. These strikes are part of an escalating military campaign in the region. The IDF’s actions likely demonstrate Israel’s willingness to use force to disrupt Iranian and Hezbollah operations in Lebanon.

Former FBI Director Robert Mueller, who investigated Russia-Trump campaign ties, has died. This event is not directly related to the ongoing Middle East conflict but serves as a reminder that key individuals can significantly influence global events through their investigations and policy recommendations.

Meanwhile, Iran has fired ballistic missiles at a US-UK military base in the Indian Ocean. These strikes suggest Iran’s continued aggression towards Western interests in the region.

Israel’s military operations against Iranian targets are becoming increasingly difficult to distinguish from local civilian activities. The Iranian missile strikes evaded Israeli interceptors, causing injury to dozens of people in Arad and Dimona.

Watch for:

  • IDF-led operations targeting Iranian forces in Lebanon
  • Increased tensions between the US and Iran over military presence in the Indian Ocean
  • Reports on the impact of the US dollar’s decline on global energy markets