Senior Bahraini cleric Sheikh Isa Qassim eulogized the late Ayatollah Khamenei at a Tehran event, reaffirming his role in uniting Shia communities. Khamenei, who led Iran since 1989, has died, triggering speculation about succession.
Prediction markets now price a 34.5% chance of a leadership change by December 31, up from 30% last week, with only a 5.5% chance of a change by May 31. Analysts are eyeing Iran's Assembly of Experts and potential successors like Mojtaba Khamenei.