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Khamenei's hardline son Mojtaba appointed Iran's new leader; oil surges on supply fears

Mojtaba Khamenei's leadership raises concerns over oil supply stability.

editorial-staff
1 min read
Updated about 1 month ago
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Summary

Summary

  • Mojtaba Khamenei appointed as Iran's new leader.
  • Oil prices surge amid fears of supply disruptions.
  • Market reacts to potential changes in Iran's oil policy.

Updates

Update at 09:43 UTC on 2026-03-09

France 24 reported Mojtaba Khamenei has been appointed as the new supreme leader of Iran following a week of deliberation by the Assembly of Experts.

Sources: France 24

Update at 10:01 UTC on 2026-03-09

France 24 reported Iran has named its new supreme leader, late Ali Khamenei's son Mojtaba Khamenei, signaling continuity in hardline policies.

Sources: France 24

Update at 17:51 UTC on 2026-03-09

Financial Times reported Iran’s new supreme leader has been shaped by decades-long ties with the powerful and hardline Revolutionary Guards.

Sources: Financial Times