Mojtaba Khamenei’s appointment as Iran’s new Supreme Leader in March 2026 followed the assassination of his father during the 2026 Iran war, yet he has remained absent from public view with only written statements issued on his behalf. Recent reports highlight ongoing questions about his health and location, including unconfirmed claims of incapacitation and treatment in Qom, alongside rumors of death that circulated in late April. These factors, combined with the wartime shift of power toward military and security figures, have fueled trader focus on whether he might depart Iran for medical care, safety, or political reasons before any resolution date. The Assembly of Experts’ selection process and his lack of formal executive experience add structural uncertainty to the leadership transition.