Mojtaba Khamenei assumed Iran’s supreme leadership in March 2026 after his father’s assassination in a February US-Israeli strike that also wounded him. Since then he has governed exclusively through written statements and private meetings, issuing recent messages on regional tensions and religious observances without any verified in-person appearance. Iranian officials cite ongoing security threats, including explicit targeting remarks from Israeli officials and continued regional conflict, as the reason for his seclusion. Recent mourning ceremonies held in his name, including November Fatimiyya events at the Zeinabiyeh complex, proceeded without confirmed attendance, reinforcing trader consensus that security protocols and the post-assassination environment will keep public visibility low through year-end. Upcoming religious commemorations or state functions could alter this only if security assessments shift.