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As Joy and Pete are driving into Belfast, all they can see is devastation. Pete's spider-sense warns him of danger and he brakes hard across Joy in the car while a petrol bomb flies across their path. Terrorists with guns show up but are eventually fought off my the military police and Pete and Joy manage to drive their way into the middle of the city. Welcome to Northern Ireland, I guess.
Joy is still on the trail of Roxxon and takes Pete off to their HQ. They are also on the looking for the mysterious 'black hoods' gang who the military police warned them about. After stumbling across a fire in a block of flats, Pete and Joy meet a guy called Liam, whose flat it was. He says he's running from the Black Hoods. Liam says the Hoods killed his brother and are now after him.
He takes them to a pub and introduces them as American reporters. One of the patrons tells them that the Hoods have been causing trouble in the area but no-one knows why. Joy thinks Roxxon is involved because the Hoods don't seem like 'traditional' terrorists. As they leave, a gang with rifles surround them - looks like they've been talking a bit too loudly in the pub.
The gang blindfold them and take them to the Roxxon building where they are met by a chap called Ian Forbes. Forbes tells them that the Pentagon terminated a defence contract with Roxxon and so they decided to try and sell their weapons to the British government to use in Ireland. He demonstrates the use of a tank (that has a tendency to overheat) to them.He then introduces 003 - a British secret serviceman.
His plan is to cause unrest through the Black Hoods in Ireland, then some 'well-placed' politicians in London will call for greater force to be used and so Roxxon come in and sell their weapons. As they are locked up, Liam shows up. Pete and Joy want to get more evidence against Roxxon, so split up as they escape. Pete does a quick change to Spidey and does some arse- whupping. He finds out Forbes and 003 are escaping via helicopter on the roof.
On the roof, Liam and Joy have been recaptured. Spidey saves them and manages to get a tracer on the helicopter. Liam shoots one of the gang who is threatening them but finds out it is his brother, called Rory. The last thing we see is the helicopter exploding while a shadowy figure in a Roxxon building says Forbes had been too careless.