Oil price surge rattles markets; Iranians appear conflicted on choice of leader.

A portrait of Mojtaba Khamenei, the son of the recently killed supreme leader Ayatollah Ali Khamenei, as a crowd celebrates his appointment as his father’s successor at Enghelab Square in Tehran, Iran, on Monday, March 9, 2026. Iran projected defiance in the face of expanding U.S.-Israeli attacks on Monday by naming a son of its slain supreme leader as his successor, disregarding warnings from the Trump administration, while a surge in oil prices signaled growing alarm over the war’s effect…

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