ClosedMedium impactAI Generated

Operation EPIC FURY: U.S. Admiral Says 38-Day Campaign Rolled Back 40 Years of Iranian Military Investment

Occurred 1 Feb 2026ยทDetected 14 May 2026ยท
๐Ÿ‡ฎ๐Ÿ‡ท Iran (nationwide military infrastructure); US Central Command area of operations including Persian Gulf and Gulf of Oman17 reportsCAT 26AAEnded 26 May 2026
Political Violence & WarPolitical RiskEnergy & InfrastructureMarineAviationPropertyMarine HullMarine CargoAviationEnergyTerrorism & Political ViolencePolitical RiskCasualty & LiabilityWar Risk

U.S. Admiral Brad Cooper of Central Command testified to lawmakers that Operation EPIC FURY, a 38-day US military operation against Iran, inflicted damage equivalent to rolling back 40 years of Iranian military investment. This represents the most comprehensive public damage assessment of the campaign to date. The operation has significant implications for Iranian military capability, regional security, and associated insurance exposures across energy, marine, and war risk lines. The assessment underscores the scale of US strikes on Iranian military infrastructure.

AI-generated from linked source reports. See our correction policy.

Impact verdict

Medium impact. MEDIUM: High-row recalibration. A large US campaign against Iranian military assets is relevant to War Risk, Energy, Marine and Political Risk underwriting in the Gulf region. Impact is not HIGH on this event alone because the reported losses are military/state assets and no insured commercial asset damage, closure, vessel/cargo loss, or claims estimate is evidenced.

View assessment methodology

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Geographic Zone Matches

3 active matches

  • OFAC Sanctioned Countries
    Rule-basedConfidence 100%
  • JWC Listed Areas
    Rule-basedConfidence 100%
  • EU Sanctions List
    Rule-basedConfidence 100%

Geographic zone matches are RiskEvents spatial/analytical indicators, not coverage determinations or Lloyd's official classifications.

Affected countries

๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates๐Ÿ‡ฆ๐Ÿ‡ฑ Albania๐Ÿ‡ง๐Ÿ‡ญ Bahrain๐Ÿ‡ง๐Ÿ‡ท Brazil๐Ÿ‡จ๐Ÿ‡ด Colombia๐Ÿ‡จ๐Ÿ‡พ Cyprus๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

+12 more

Lloyd's classifications

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