On February 28, 2026, a joint operation by the U.S. and Israel assassinated Iran's Supreme Leader Khamenei, causing a震荡 in global capital markets. This is not the first time the market has experienced such shocks, nor will it be the last. Forty years of Middle East conflict history reveal a highly consistent pattern: the form of war changes, but the market's response never does. Understanding this pattern is the prerequisite for preserving and increasing capital in the current environment.