# Iran
Latest news and articles about Iran
Total: 638 articles found
‘Black Monday’ in Asia as Iran’s Hardline Turn Sparks Oil Surge and Market Rout
Asian stocks tumbled sharply and global oil prices spiked after Iran’s clerical body selected Mujtaba Khamenei as supreme leader and Tehran vowed further strikes. The immediate market reaction—circuit breakers in Korea, steep falls in Japan and Hong Kong, and a near‑30% jump in WTI—reflects fears that the conflict will prolong disruption to the Strait of Hormuz and global oil supplies.
Hormuz Shutdown Sparks Global Oil Shock — $100 a Barrel May Be Just the Start
Iran's effective closure of the Strait of Hormuz has cut roughly 90% of daily oil flows, lifting Brent and WTI above $90 and prompting forecasts that oil could top $100 within days. The disruption — amplified by attacks on energy infrastructure, insurability breakdowns and limited pipeline rerouting — risks a sustained global supply shock with sharp economic fallout, even as China and other importers draw on strategic reserves and contingency plans.
Oil Surges Past $110 as Middle East Tensions Spike; Gold Retailers Hike Prices and China Tightens Market Rules
Oil prices surged above $110 a barrel on March 9 as renewed Middle East tensions and precautionary production moves rattled markets. Chinese gold retailers raised retail prices, regulators clarified exemptions on insider short‑swing trading to stabilise equities, and a viral open‑source AI agent drew cybersecurity warnings.
Oil Soars as Iran Names Mojtaba Khamenei Supreme Leader amid Regional Supply Shock
A surge in oil prices reflects widespread disruptions to Gulf crude exports and storage constraints following escalating Middle East hostilities. Chinese state media say Iran’s Assembly of Experts has chosen Mojtaba Khamenei as supreme leader, a development that could deepen geopolitical risk and prolong market volatility.
Gold Plunges Over $100 in a Day Despite Middle East Tensions — Markets Digest Mixed Signals
Gold fell more than $100 intraday on March 9, dropping below $5,100 an ounce even as tensions in the Middle East rose after Iran named Mojtaba Khamenei as supreme leader. The decline reflects short‑term technical selling and shifts in yields and the dollar, even as major banks raise longer‑term price targets for the metal.
Wartime Succession: Mujtaba Khamenei Installed as Iran’s Supreme Leader, Deepening Regional Risk
Mujtaba Khamenei, son of the slain Ali Khamenei, was confirmed as Iran’s supreme leader in a rapid, wartime succession backed by the IRGC. His appointment blends family legitimacy with military backing, raising the likelihood of near-term escalation while creating a long-term legitimacy crisis for the Islamic Republic.
Trump Says Iran’s Next Leader Must Have US Approval; Tehran Says Successor Chosen — Tensions Ripen
President Trump publicly demanded U.S. approval for Iran’s next supreme leader and threatened special forces action to seize enriched uranium, while Iran announced that a successor has already been chosen and will be publicly named by the Assembly of Experts. The exchange heightens risks of escalation, undermines norms of state sovereignty, and complicates allied diplomacy.
Khamenei’s Son Elevated as Iran’s Supreme Leader, Prompting U.S. and Israeli Threats and Fears of Regional Escalation
Iran’s appointment of Ali Khamenei’s second son as supreme leader has sparked immediate threats from Donald Trump and Israeli officials, raising the risk of regional escalation. The selection challenges constitutional norms, risks domestic unrest, and complicates international diplomacy on Iran’s nuclear program and regional behavior.
Modi’s Middle East Pivot: From Non‑Alignment to a High‑Stakes Israel Partnership
India’s recent gestures — high‑profile rapprochement with Israel alongside cautious ties with Iran — signal a discernible shift from classic non‑alignment toward a more transactional, interest‑driven Middle East strategy. The move offers technological and defence gains but risks straining relations with Gulf states and complicating energy and diaspora interests.
Iran Says U.S. Strike on Frigate Killed 104 Sailors, Raising Risk of Wider Indian Ocean Escalation
Iran has accused U.S. forces of striking the frigate Dena on March 4, claiming 104 sailors were killed and 32 wounded while the ship transited south of Sri Lanka after an India-led exercise. There is no independent public verification of the attack, but if confirmed the incident would risk significant regional escalation and disruption to Indian Ocean security and commercial shipping.
Iran's IRGC Claims Destruction of Third U.S. THAAD Battery in the Middle East, Raising Stakes for Regional Security
Iran's Islamic Revolutionary Guard Corps claims to have destroyed a third U.S. THAAD battery, this time at Jordan's Muwaffaq Salti base, after earlier claiming strikes on two systems in the UAE. The announcement, not yet independently verified, heightens regional tensions and poses difficult choices for U.S. and allied responses, with wider implications for deterrence and security in the Middle East.
Israel Announces New Airstrikes on Tehran; Targets IRGC Aerospace Command and 50 Ammunition Depots
Israel announced it conducted a new wave of airstrikes on Tehran targeting the IRGC Aerospace Force headquarters and roughly 50 ammunition depots, saying it will continue to strike Iranian military sites. Tehran has not publicly responded, and the claim marks a notable escalation with risks of wider regional retaliation and diplomatic fallout.