Ayatollah Ali Khamenei’s death in late February 2026 shifted official Iranian messaging to successor Mojtaba Khamenei’s separate account, leaving the @khamenei_ir feed to release only occasional archival statements. Recent weeks have shown this account posting zero or near-zero times outside brief early-May activity tied to Persian Gulf references, establishing a low baseline that traders cite for pricing under-five posts at 71 percent. Institutional protocols around the completed mourning period and the absence of acute military or nuclear triggers in the immediate window further limit expected output. A sudden escalation in U.S.-Iran or Israel-Iran tensions before May 26 could increase volume, yet current conditions align with the account’s recent pattern of infrequent releases.