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I never could fully understand what was goin on with Superman that caused the whole explosion that caused the blackout. And did that have anything to do with him going after Batman?

No, it was a Soviet nuke...

it was some super nuke

superman tried to stop it, but it exploded... basically killed superman, because he wasn't in contact with the yellow sun, but some sunlight got through and superman drained the earth of "solar radiation" to revive himself.

the fallout or somthing caused the blackout

Indeed...