Ali Khamenei

Iran Conflict Could Help Revive Moribund Trans-Caspian Gas Pipeline Executive Summary: The Iran conflict has made completing the moribund Trans-Caspian Gas Pipeline (TCP) increasingly attractive. The U.S.–Israeli “Operation Epic Fury” attack against Iran, launched on February 28, upended Persian Gulf hydrocarbon energy exports, severely disrupting global trade. The first airstrikes killed Iranian Supreme Leader Ali Khamenei and several senior government and military figures.

Iran's foreign ministry spokesman said Tehran is reviewing the latest US proposal related to ongoing negotiations and will respond at an 'appropriate time,' dismissing American-set deadlines as meaningless. Iranian officials attribute the delay to technical complexity and the need for approval from parliament, the Islamic Revolutionary Guard Corps, the Supreme National Security Council, and ultimately Supreme Leader Ali Khamenei.