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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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Hurricane Beryl Makes Landfall in Yucatan Peninsula, Mexico

 

Early Friday morning, Hurricane Beryl struck Mexico’s Yucatan Peninsula, making landfall near the popular tourist area of Tulum. The storm, which had weakened to a Category 2, carried maximum sustained winds of 110 mph. 

As it barreled toward Tulum, “life-threatening” conditions—including hurricane-force winds, a dangerous storm surge, and heavy rainfall—were expected to impact Mexico’s top tourist destination. Residents in the area were advised to shelter in place, and rip currents were also a concern along the Gulf Coast. The storm is now expected to move over southern Texas this weekend, prompting preparations in the region.

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