{"id":59765,"date":"2026-03-14T01:38:27","date_gmt":"2026-03-14T05:38:27","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/airstrikes-target-shiraz-electronic-industries-as-operation-epic-fury-intensifies\/59765\/"},"modified":"2026-03-14T01:38:27","modified_gmt":"2026-03-14T05:38:27","slug":"airstrikes-target-shiraz-electronic-industries-as-operation-epic-fury-intensifies","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/airstrikes-target-shiraz-electronic-industries-as-operation-epic-fury-intensifies\/59765\/","title":{"rendered":"Airstrikes Target Shiraz Electronic Industries as &#8220;Operation Epic Fury&#8221; Intensifies"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Shiraz Electronic Industries (SEI)<\/strong> has been struck at least <strong>13 times<\/strong> by coordinated airstrikes, severely degrading Iran&#39;s military electronics and missile guidance manufacturing capabilities.<\/li>\n<li><strong>Brent Crude<\/strong> oil prices have surged past <strong>$110 per barrel<\/strong> as the conflict disrupts approximately <strong>20% of global oil supplies<\/strong> transiting the <strong>Strait of Hormuz<\/strong>.<\/li>\n<li>U.S. Defense Secretary <strong>Pete Hegseth<\/strong> claims that <strong>90%<\/strong> of Iran\u2019s ballistic missile volume and <strong>95%<\/strong> of its one-way attack drone capacity have been neutralized since the start of operations.<\/li>\n<li>Global financial markets are experiencing extreme volatility, with the <strong><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/strong> seeing significant drops and over <strong>20,000 flight cancellations<\/strong> reported across the Middle East.<\/li>\n<\/ul>\n<p>The <strong>Institute for the Study of War (ISW)<\/strong> and other American research institutes reported today that a new wave of precision airstrikes has targeted the <strong>Shiraz Electronic Industries (SEI)<\/strong> facility in southern Iran. These strikes are part of the ongoing U.S.-led <strong>&quot;Operation Epic Fury&quot;<\/strong> and the Israeli-coordinated <strong>&quot;Operation Lion&#39;s Roar,&quot;<\/strong> which began on February 28, 2026.<\/p>\n<p>The <strong>Shiraz Electronic Industries<\/strong> complex, a critical subsidiary of <strong>Iran Electronic Industries (SAIRAN)<\/strong>, is a primary manufacturer of military electronics, including radar systems and missile guidance components. Recent satellite imagery confirms that the site has been hit at least <strong>13 times<\/strong> in the past week, as Western forces aim to permanently dismantle Iran&#39;s ability to produce advanced weaponry.<\/p>\n<p><em>Market analysts warn that the continued escalation is pushing global energy markets into a state of &quot;unprecedented uncertainty.&quot;<\/em> <strong>Brent Crude<\/strong> prices spiked to over <strong>$110 per barrel<\/strong> this morning, reflecting fears of a prolonged closure of the <strong>Strait of Hormuz<\/strong>. Major energy producers in the region, including <strong>Saudi Arabia<\/strong> and <strong>Kuwait<\/strong>, have reported a collective production drop of over <strong>10 million barrels per day<\/strong> due to the regional instability.<\/p>\n<p>U.S. Defense Secretary <strong>Pete Hegseth<\/strong> stated in a Pentagon briefing that the campaign is &quot;ahead of the game plan,&quot; noting that over <strong>15,000 targets<\/strong> have been struck since the conflict&#39;s inception. Hegseth emphasized that the focus has shifted toward &quot;blowing up factories&quot; to ensure the Iranian regime cannot rebuild its shrinking arsenal of ballistic missiles and drones.<\/p>\n<p>The economic fallout is spreading rapidly through the aviation and tourism sectors, with carriers like <strong>Emirates Airlines<\/strong> and <strong>Qatar Airways<\/strong> grounding thousands of flights. Investors are flocking to safe-haven assets as the <strong>Dow Jones Industrial Average<\/strong> and other global indices remain under heavy selling pressure. <em>Analysts at major financial institutions suggest that if the conflict enters a naval phase in the Indian Ocean, global inflation could see a sharp, multi-point increase by the end of the quarter.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Shiraz Electronic Industries (SEI) has been struck at least 13 times by coordinated airstrikes, severely degrading Iran&#39;s military 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