Following the assassination of Supreme Leader Ali Khamenei in late February 2026 during joint U.S.-Israeli strikes, his son Mojtaba was appointed successor by the Assembly of Experts in early March. Mojtaba has remained out of public view since, with multiple reports citing severe injuries from the attacks that targeted his family compound. Iranian officials have attributed his absence to security threats amid ongoing military exchanges, while recent confirmations of meetings with the president indicate he continues to exercise authority from within the country. Any verified departure for medical care or protection before the June 30 deadline would trigger market resolution, whereas sustained domestic operations under tight security would maintain the current positioning.