Mojtaba Khamenei was selected as Iran's supreme leader by the Assembly of Experts in March 2026 following the assassination of his father, Ayatollah Ali Khamenei, during initial U.S.-Israeli strikes. Since his appointment he has issued limited written statements but avoided in-person public appearances, prompting sustained speculation over his health and physical condition. Iranian President Masoud Pezeshkian confirmed a private meeting with him in May, while Russian diplomatic comments noted his presence in the country without scheduled public events. Reports in July referenced a potential appearance at a memorial ceremony, and a rare image circulated in mid-August amid U.S.-Iran diplomatic developments. Traders monitor confirmation of verified public sightings, official video or audio releases, or scheduled events such as religious commemorations or diplomatic summits that could resolve ongoing uncertainty around his visibility.