There were no signs of letup in the U.S.-Israel war on Iran Monday after Tehran named Mojtaba Khamenei to replace his slain father ​as supreme leader.

The appointment signaled that hardliners remain firmly in charge and appeared to close off any path to a swift end to the war amid U.S. threats.

The prospect that the disruption to global energy supplies – already one of the ⁠most severe in history – could last longer than previously expected sent oil prices ⁠surging in record leaps and global stock markets into a nosedive.

Khamenei, 56, a Shiite cleric with a power base among the security forces and their vast business empire, has been declared unacceptable by U.S.

πŸ“°

Continue Reading on Daily Sabah

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article β†’