Mises, Rothbard, and Libertarian Just War Theory in the 2026 Iran War

As of April 2026, the US and Israel are still at war with Iran. The war began on February 28 with surprise bombings that killed Supreme Leader Ali Khamenei and other high-ranking officials. Since then, attacks on infrastructure have continued, leading to significant disruptions in essential services and escalating tensions in the region. Iran has attacked targets in Gulf nations and tightened its grip on the Strait of Hormuz as a result.

Mises, Rothbard, and Libertarian Just War Theory in the 2026 Iran War

The conflict has damaged the economy around the world, driving inflation and supply chain disruption fears.

The war is often considered a way to protect Israel, the Gulf nations, and, ultimately, the US against a brutal, theocratic dictatorship that was looking to build nuclear weapons and was the main financier of terrorism in the world. However, there is a common libertarian question: Do libertarian ideas support sending troops to other countries to stop tyranny?

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Why wars don’t move oil and defence stocks the way investors expect

Investing in oil companies as a “sure bet” when there is a temporary spike in crude is usually a challenging idea.

Why wars don’t move oil and defence stocks the way investors expect

Doing it during a war, when the destruction of demand can be much greater than the first jump in the commodity price, is even riskier. Recent history in 2008, 2018, 2022, and 2025 proves this.

Investing in oil companies must be based on fundamental analysis that is independent from the spot price of crude and natural gas and focused on value creation at mid‑cycle prices.

The key is not to jump on a short‑term wave that the oil companies themselves barely capture in their profits.

The SXEP index tracks European oil & gas companies that are highly sensitive to different businesses, expectations, investment cycles, and regulations, and in many cases, they are fundamentally refiners, not pure producers that capture the “spot” price of crude.

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How the Iranian Regime Turned Oil Money into a Strategic Threat to the United States and the Western Economies

Death to America is not a slogan; it is a policy“. These words are more than rhetoric, as Khamenei, the eliminated leader of the Iranian regime, has repeated them since 2023.

How the Iranian Regime Turned Oil Money into a Strategic Threat to the United States and the Western Economies

When people think about Iran and the United States, they usually focus on the nuclear file or occasional flare‑ups in the Persian Gulf. But the deeper, structural problem is simpler: for more than four decades, a revolutionary, anti-American regime has controlled one of the world’s major oil exporters—and systematically converted those petrodollars into terrorism, proxy warfare, and leverage over global energy.

At least 603 U.S. troops were killed by Iranian‑backed militias in Iraq between 2003 and 2011, and since 2022 Iran and its proxies have killed at least 51 additional Americans, including soldiers, contractors, and civilians, in Iraq, Syria, Jordan, and Israel.

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The key factors that led to the ceasefire in Iran, including what some are not telling.

The key factors that led to the ceasefire, including what some are not telling you:

  • The hardline faction of the regime accused the foreign minister and other officials of being traitors for calling for an end to the war.
  • Iran’s president accused the Revolutionary Guard of sabotaging the chances of a ceasefire.
  • The elimination of Majid Khademi, head of intelligence for the Revolutionary Guard, was confirmed. This brought the total to 250 regime officials and leaders eliminated, in addition to the disappearance without any news of the “new” Supreme Leader—who may be ill or dead.
  • Iran’s nuclear infrastructure has been largely demolished, and its military and naval capabilities have been mostly destroyed.
  • The United States was able to insert dozens of aircraft into #Iran and establish a temporary base to rescue a pilot. The operation involved nearly 100 special forces members plus several dozen fighter jets and helicopters. The operation was clear evidence of the regime’s military weakness.
  • President Trump issued an aggressive ultimatum with the aim of forcing a ceasefire and exposing the factions within the regime that no longer hold real power.
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