Headlines

Iran's Assembly of Experts elected Ali Khamenei's son Mojtaba as the next Supreme Leader under pressure from the Revolutionary Guards, Iran International reports citing sources

Newsquawk Staff ·

Iran's Assembly of Experts elected Ali Khamenei's son Mojtaba as the next Supreme Leader under pressure from the Revolutionary Guards, Iran International reports citing sources.

What it means

The election of Mojtaba Khamenei as the next Supreme Leader, reportedly under the influence of the Revolutionary Guards, marks a significant shift in Iran's political landscape. This transition could lead to a more hardline stance in both domestic and foreign policy, impacting regional stability and potentially influencing energy markets and forex, particularly concerning the USD, EUR, and JPY's movements amidst this heightened uncertainty.

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