Iran held a funeral for the late Ayatollah Ali Khamenei in Iraq, concluding with his burial in Mashhad. This follows his assassination in February 2026 during a U.S.-Israeli strike. The procession through Iraq’s Shiite cities highlights its religious significance. Leadership remains uncertain with an interim council at the helm, while the Assembly of Experts prepares to select Khamenei’s successor.
Key insights include the confirmation of Khamenei's death, which could lead to a leadership void by 2026. Pricing indicates a possible exit for Mojtaba Khamenei amid looming power struggles. Current market signals suggest a stable environment, with focus on the funeral rather than military unrest.
Attention turns to the Assembly of Experts for the announcement of a successor, which could influence market dynamics. Signs of internal divisions or external pressures may foreshadow instability in Iran’s political landscape.