Saturday, February 28, 2026

๐Ÿšจ Axios PM: Trump gives his logic

๐Ÿ›ฐ️ Plus: Satellite photo of Ayatollah's compound | Saturday, February 28, 2026
 
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Axios PM
By Mike Allen · Feb 28, 2026

PM Extra! We're sending this special Saturday PM to bring you Barak Ravid's interview with President Trump + our latest reporting on the strike on Iran.

  • Today's newsletter, orchestrated by Alex Fitzpatrick, is 676 words, a 2½-min. read. Thanks to Mickey Meece for copy editing.
 
 
1 big thing: ISRAEL SAYS SUPREME LEADER DEAD
 
Black smoke rises today from Iran Supreme Leader Ali Khamenei's heavily damaged compound in Tehran. Satellite image: Plรฉiades Neo/Airbus via Reuters

Bulletin: Iranian Supreme Leader Ali Khamenei was killed in an Israeli strike today as part of a massive joint military operation alongside the U.S., Israel's ambassador to Washington told U.S. officials, Axios' Barak Ravid and Avery Lotz report.

  • An Israeli official confirmed that Khamenei is dead, according to Israeli intelligence.

The 86-year-old Khamenei led Iran for 35 years, making him one of the world's longest-serving authoritarians.

  • His death is a massive blow to the regime and could accelerate its collapse, which U.S. and Israeli officials say is their explicit goal.
  • It also sets off an immediate succession crisis with no clear answer. (Khamenei: What to know)

๐Ÿ“ฑ TRUMP INTERVIEW: President Trump has several "off ramps" from his extraordinary military campaign against Iran, he told Barak Ravid in a phone interview from Mar-a-Lago today.

  • Trump tells Axios: "I can go long and take over the whole thing, or end it in two or three days and tell the Iranians: 'See you again in a few years if you start rebuilding'" nuclear and missile programs.
  • "In any case, it will take them several years to recover from this attack."
A photo obtained from Iran's ISNA news agency shows an Iranian man walking past debris in Tehran today following a missile strike. Photo: Amir Kholousi/ISNA/AFP via Getty Images

Trump cited two main reasons for launching the strikes: the failure of negotiations this week and Iran's historical conduct.

  • Trump said: "The Iranians got close and then pulled back — close and then pulled back. I understood from that that they don't really want a deal."

☢️ Trump also claimed that Iran had begun rebuilding some of the nuclear facilities that the U.S. and Israel struck last June.

  • Independent analysts pointed to building activity taking place at some of those sites, but didn't conclude that Iran has resumed nuclear activity.
Iran Foreign Minister Abbas Araghchi in a live interview from Tehran this morning. Image: NBC News

What's next: The U.S.-Israeli plan envisions the massive bombing campaign against Iran lasting for at least five days, per a senior U.S. official.

  • But, as Trump told Axios, that timeline could change based on developments on the ground — including Khamenei's death.

Go deeper.

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2. ๐ŸŒ World leaders react warily
 
People watch from their balcony amid explosions today in Doha, Qatar. The Defense Ministry says it has downed missiles targeting the country. Photo: Mohammed Salem/Reuters

European leaders called for restraint and diplomacy, while U.S. adversaries condemned President Trump's decision to strike, Axios' Lauren Floyd reports.

  • ๐Ÿชง Public demonstrations for and against the operation broke out in London, Munich, New York, Washington and elsewhere.

In a joint statement, leaders of France, Germany and the U.K. reiterated their "commitment to regional stability" and called for a "resumption of negotiations."

  • ๐Ÿ‡ซ๐Ÿ‡ท French President Emmanuel Macron wrote on X: The "outbreak of war" between the U.S., Israel and Iran "carries grave consequences." The "ongoing escalation is dangerous for all," Macron added, calling for a UN Security Council meeting.

๐Ÿ‡ช๐Ÿ‡บ Ursula von der Leyen, the European Union's chief executive, called on "all parties to exercise maximum restraint, to protect civilians, and to fully respect international law."

An anti-war demonstrator during a protest in Parliament Square in London today. Photo: Justin Tallis/AFP via Getty Images

๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia's Foreign Ministry said the country successfully intercepted Iranian attacks.

  • The Saudis called on the international community to "take all firm measures necessary" to secure the region.

๐Ÿ‡ท๐Ÿ‡บ The other side: Russia's Foreign Ministry called the attack "a preplanned and unprovoked act of armed aggression against a sovereign and independent UN member state."

  • ๐Ÿ‡จ๐Ÿ‡ณ China's state news agency posted a caricature of Uncle Sam captioned: "Hegemonism is the only language I know."

Go deeper.

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3. ⚡️ Catch me up
 
Iranian missiles fly over Hebron, the West Bank, today. Photo: Wisam Hashlamoun/Anadolu via Getty Images
  1. ๐Ÿ›ข️ The strikes on Iran will likely increase oil prices by threatening supplies from a region that's home to a huge chunk of global output and transit, Axios' Ben Geman reports. Go deeper.
  2. ๐Ÿ‡ฎ๐Ÿ‡ท Reza Pahlavi, the exiled former crown prince of Iran, is positioning himself as the "transitional" leader if the Islamic Republic collapses. Go deeper.
  3. ๐Ÿ›️ Hawkish Democrats could doom party leaders' effort to force a vote reining in President Trump's war powers, Axios' Andrew Solender reports. Go deeper.
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4. ๐Ÿ“ธ Pic to go: Seeking shelter as Iran retaliates
 
Photo: Ahmad Gharabli/AFP via Getty Images

A person takes shelter in Jerusalem as sirens sound after today's U.S.-Israeli strikes on Iran.

  • Iran targeted Israel and other U.S. allies and bases across the Middle East in retaliation.
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