Reports of Khamenei's Death in Israeli Strike Spark Global Market Turmoil

Israeli officials have reported the death of Iran's Supreme Leader, Ayatollah Ali Khamenei, following a targeted airstrike on his compound in Tehran. This seismic geopolitical event marks a massive escalation in regional tensions, potentially pushing the Middle East toward a full-scale war. Analysts expect the development to trigger an immediate power struggle within the Iranian leadership and a fundamental shift in its regional posture. Financial markets reacted with extreme volatility, driving oil prices and gold (XAU/USD) significantly higher on fears of supply disruptions. Conversely, equity markets such as the SPY faced heavy selling pressure as investors fled to safe-haven assets. The global community is now bracing for Iran's response, which could have profound implications for global energy security and financial stability.