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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIran's Assembly of Experts is reportedly moving to select a new Supreme Leader within the next 24 hours, according to reports citing Fars News. This urgent transition occurs against a backdrop of intensifying military operations by US and Israeli forces, alongside significant internal political friction between hardline and reformist factions. Unverified reports have also emerged suggesting that the building housing the Assembly of Experts in Tehran may have been targeted in recent air raids. The sudden leadership vacuum and subsequent selection process have injected extreme volatility into global energy markets and safe-haven assets. Investors are closely monitoring the situation, as the new leader's stance will dictate whether the region moves toward further escalation or potential de-escalation. Consequently, oil prices and gold are seeing heightened activity as the market prices in this major geopolitical shift.