Khamenei’s Son Mojtaba Takes Iran Lead, Oil Climbs $100

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Mojtaba Khamenei stepped into power at dawn in Tehran, becoming Iran’s new supreme leader.

He succeeds his father, Ali Khamenei, who had ruled Iran for nearly four decades before dying.

Mojtaba Khamenei stepped into power at dawn in Tehran, becoming Iran’s new supreme leader. He succeeds his father, Ali Khamenei……

Mojtaba Khamenei Takes Power

Meanwhile, the Assembly of Experts confirmed the appointment after a tense vote late on Sunday night.

Shortly after midnight, they announced Mojtaba as the Islamic Republic’s third supreme leader.

“By a decisive vote, the Assembly appointed Mojtaba Khamenei as leader of Iran’s sacred system,” it read.

Conflict And Crisis Escalate

At the same time, the conflict with the United States and Israel continues escalating rapidly.

Bombs and counter-strikes have killed thousands, with Iranian officials reporting over 1,300 civilian deaths.

In addition, the U.S. military confirmed that a seventh American service member died from Iran’s counterattacks.

Consequently, global oil markets reacted sharply, pushing crude prices above $100 per barrel worldwide.

Read Also: CBN Plans ₦850 Billion Treasury Bills Sale On March 11

Mojtaba Khamenei maintains strong ties to Iran’s Islamic Revolutionary Guard Corps and key security institutions.

Furthermore, he has strengthened influence through extensive business networks established during his father’s leadership.

Global Eyes On Iran

The supreme leader now commands Iran’s military, judiciary, and all major state institutions.

Meanwhile, former U.S. President Donald Trump criticised the appointment, claiming Washington should influence the selection.

He also stated that resolving the war requires mutual agreement with Israeli Prime Minister Benjamin Netanyahu.

Inside Iran, armed forces and the Revolutionary Guard pledged immediate loyalty to Mojtaba Khamenei.

Despite threats, the Assembly of Experts proceeded with the vote, demonstrating their resolve and continuity.

Finally, the world now watches closely as Iran begins a new chapter under Mojtaba Khamenei’s leadership.

Every decision he makes will shape regional stability, military actions, and global oil markets significantly.

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