{"id":30150,"date":"2026-03-09T00:58:29","date_gmt":"2026-03-09T00:58:29","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30150\/"},"modified":"2026-03-09T00:58:29","modified_gmt":"2026-03-09T00:58:29","slug":"cnbc-reports-iran-appointed-mojtaba-khamenei-supreme-leader-following-ayatollah-ali-khameneis-death-in-us-israeli-strikes","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30150\/","title":{"rendered":"CNBC reports Iran appointed Mojtaba Khamenei supreme leader, following Ayatollah Ali Khamenei\u2019s death in US-Israeli strikes"},"content":{"rendered":"Iran has named Mojtaba Khamenei as the country\u2019s new supreme leader, CNBC reported on Sunday. He was appointed just over a week after his father, Ayatollah Ali Khamenei, was killed in US-Israeli strikes.\n\nMojtaba Khamenei is 56 and becomes the third leader of the Islamic Republic. His appointment is the first hereditary succession since the Pahlavi monarchy was overthrown in the 1979 revolution.\n\n

Market Reaction And Political Fallout<\/h3>\nLast week, US President Donald Trump said such a choice would be \u201cunacceptable\u201d. He also suggested he wanted to handpick a new supreme leader, although Iran\u2019s clerics usually oversee the process.\n\nIn markets, West Texas Intermediate (WTI) was up 16.77% on the day at $103.97 at the time of writing.\n\nWhen we look back at the events of last year, the immediate 16% jump in WTI crude to over $100 a barrel was a clear reaction to the supreme leader’s death. While prices have since stabilized from those highs, the elevation of his son and continued US opposition mean a significant geopolitical risk premium is now embedded in the market. The coming weeks will likely see this tension manifest as sharp, unpredictable price movements.\n\nGiven the uncertainty, traders should consider using options to define their risk while capturing potential upside from any escalation. Long call spreads on WTI or Brent crude for the coming months offer a cost-effective way to bet on another price spike if rhetoric between nations worsens. Historically, similar Mideast tensions, such as the 1990 invasion of Kuwait, led to oil prices more than doubling in a short period.\n\nVolatility itself remains a key trade, as the CBOE Crude Oil Volatility Index (OVX) is still elevated compared to levels before the 2025 strikes. We saw the OVX spike over 50% in the weeks following the Russian invasion of Ukraine in 2022, and the current situation is arguably more volatile. Buying calls on volatility indexes could serve as a direct hedge against a sudden market shock from news out of the region.\n\n

Broader Hedges And Key Watchpoints<\/h3>\nThis tension directly impacts sectors beyond energy, particularly defense. Options on aerospace and defense ETFs, like the iShares U.S. Aerospace & Defense ETF (ITA), should be considered as a proxy for rising conflict risk. After the 2022 invasion of Ukraine, that ETF rallied over 10% in less than two weeks, showing how quickly capital flows into the sector during crises.\n\nAs a hedge against widespread instability, call options on gold remain a prudent defensive position. Gold futures rallied nearly 7% in the month following the initial 2025 attack, acting as a classic safe haven. Monitoring its price action against oil can provide a good gauge of whether the market is reacting with fear or simply pricing in supply disruptions.\n\nThe primary focus for the next few weeks should be on any naval movements near the Strait of Hormuz, through which about 20% of global petroleum liquids pass. Any disruption there would be a major catalyst for the positions we’ve outlined. Pay close attention to shipping insurance rates, as a spike in those costs often precedes a major event in the Gulf.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Iran names Mojtaba Khamenei supreme leader after Ali Khamenei killed; historic hereditary succession sparks criticism, oil jumps.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30150","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30150"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}