Mojtaba Khamenei was selected by Iran's Assembly of Experts as supreme leader in March 2026 following the assassination of his father during the early phase of the U.S.-Israel conflict. Since taking office he has issued written statements and directives, including recent military appointments on August 10, but has maintained an extremely low public profile amid security concerns tied to the ongoing regional confrontation. Iranian state media released undated video footage of him on August 10 and reported a meeting with President Masoud Pezeshkian, marking the first visual confirmation in months. Traders focus on whether these controlled releases or a scheduled address will satisfy market criteria for a verifiable public appearance before any resolution deadline, with the war environment and leadership security protocols remaining the dominant variables.