Iran's Supreme Leader Ali Khamenei Killed, Succession Crisis Begins
Analysis based on 8 articles · First reported Mar 01, 2026 · Last updated Mar 01, 2026
The killing of Ali Khamenei and the ensuing succession crisis in Iran are expected to cause significant geopolitical instability, potentially impacting global oil prices and defense sector stocks. The ongoing US-Israeli bombing campaign against Iran further exacerbates market uncertainty.
Iran's Supreme Leader Ali Khamenei was killed in joint US-Israeli strikes, triggering an urgent succession process. The Iran===Assembly of Experts, an 88-member body of senior clerics, is now responsible for selecting the next leader. This task has only been performed once since 1979. The ruling establishment aims for a swift selection to ensure stability, but the continuation of US-Israeli bombing campaigns, as vowed by Donald Trump, complicates the process. Potential successors include Mojtaba Khamenei, Ali Khamenei's son with strong ties to the Islamic Revolutionary Guard Corps (IRGC); Alireza Arafi, deputy chairman of the Iran===Assembly of Experts; Mohammad Mehdi Mirbagheri, a hardline cleric; Hassan Khomeini, grandson of Ruhollah Khomeini; and Hashem Hosseini Bushehri, first deputy chairman of the Iran===Assembly of Experts. The new leader must meet constitutional qualifications, which may exclude reformist clerics.
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