Oil prices are swinging wildly as the conflict shifts from diplomatic tension to direct military engagement. Tehran reports multiple casualties following American strikes on southern and eastern provinces, while both nations intensify their posturing over the Strait of Hormuz, the world’s most critical maritime oil chokepoint.
With the death of Khamenei, the regional power vacuum is deepening. Diplomatic channels remain effectively paralyzed, leaving the international community to watch as the fragile peace evaporates. The upcoming burial at the country’s holiest site in Mashhad serves as a flashpoint for national mourning and potential further escalation in an already fractured geopolitical landscape.





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