Hundreds of Thousands Rally in Tehran for New Supreme Leader Amid US-Israel Attacks

On day 11 of US-Israel attacks on Iran, hundreds of thousands of Iranians rallied in Tehran to demonstrate support for the new Supreme Leader, Mojtaba Khamenei. The attacks, which began 11 days ago, have targeted military and nuclear facilities across Iran, escalating tensions in the Middle East. The rally signals domestic unity behind the new leadership amid external pressure. Mojtaba Khamenei, who succeeded his father Ali Khamenei, faces the challenge of managing the conflict and maintaining internal stability. The situation remains fluid, with no immediate signs of de-escalation. International observers are closely monitoring the potential for broader regional involvement.

Global Impact

Geopolitically, the US-Israel attacks on Iran risk drawing in regional proxies like Hezbollah and Houthi rebels, potentially expanding the conflict into a multi-front war. Economically, a sustained disruption to Iranian oil exports could push global oil prices above $120/barrel, triggering inflationary pressures worldwide and complicating central bank rate paths.