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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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Crackdown in Turkey: Journalists Detained Amid Protests Over Erdogan Rival's Imprisonment

Turkish authorities have detained several journalists as protests erupt across the country following the imprisonment of Istanbul Mayor Ekrem Imamoglu, a prominent rival to President Recep Tayyip Erdogan. The mayor's arrest on corruption charges has sparked the largest wave of demonstrations in Turkey in over a decade, raising concerns about press freedom and the state of democracy.

The journalists, reportedly detained from their homes, were accused of covering the protests. Media unions have condemned the detentions as an attack on the public's right to information. Meanwhile, the protests, largely peaceful, have seen clashes with police using water cannons and tear gas to disperse crowds.

Imamoglu's arrest is widely viewed as a politically motivated move to sideline a key opposition figure ahead of the 2028 presidential elections. Government officials, however, deny these allegations, insisting that the judiciary operates independently.


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