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International reports indicate that Mojtaba Khamenei is currently under 24/7 medical supervision at a classified location following severe injuries sustained in recent airstrikes. His critical physical condition has reportedly limited his ability to communicate publicly, leading to significant uncertainty regarding the Iranian leadership structure. In the absence of a visible Supreme Leader, IRGC generals have reportedly stepped in to manage state affairs and governance. This shift comes amid heightened regional tensions and follows the military operations that targeted key leadership figures. Financial analysts suggest that this power vacuum increases geopolitical risk premiums, particularly for oil markets. The lack of clarity surrounding the succession process remains a primary concern for global observers. Consequently, the transition toward military-led governance could signal a more volatile phase for Iranian domestic and foreign policy.
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