Global Markets Reel as Khamenei's Death Triggers Violent Equity Swings

Global financial markets entered a state of extreme turbulence following the reported killing of Iran's Supreme Leader Ali Khamenei in joint U.S. and Israeli strikes. This unprecedented military escalation triggered violent swings in the stock market on Tuesday, as investors reacted to the sudden leadership vacuum in Tehran. The narrative has shifted from maritime disruptions in the Strait of Hormuz to a major geopolitical decapitation event, intensifying the 'dash for cash' sentiment. Equities faced sharp sell-offs while traditional correlations between assets remained fractured under the weight of extreme uncertainty. Analysts warn that this development could lead to a prolonged period of instability and unpredictable market reactions. The focus has now moved toward potential Iranian retaliation and its broader implications for global security and energy supplies.