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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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Alberta Premier Smith Faces Boos Over Ottawa Energy Deal at UCP Convention

                                            Alberta Premier Danielle Smith

Alberta Premier Danielle Smith encountered a wave of disapproval from her own party members during the United Conservative Party’s annual convention in Edmonton. The backlash came after Smith highlighted her government’s recent energy deal with Ottawa, a Memorandum of Understanding aimed at advancing pipeline development to the West Coast.

While Smith described the accord as a “clear win” for Alberta, delegates were far less enthusiastic. When she asked whether members felt more confident in Canada following the agreement, the crowd responded with boos. The reaction underscored deep divisions within the party, particularly among separatist-leaning members who view any collaboration with Ottawa as a betrayal of Alberta’s autonomy.

The deal, signed earlier this week with Prime Minister Mark Carney, promises to streamline regulatory hurdles and potentially ease restrictions such as the coastal tanker ban. However, critics within the UCP argue that Alberta conceded too much, with some calling for outright independence from Canada. Jeffrey Rath, a prominent separatist voice, drew a standing ovation when he declared Alberta had received a “raw deal”.

Smith attempted to reassure delegates by emphasizing the economic benefits of the agreement, but the incident highlighted the growing tension between her leadership and grassroots members skeptical of federal cooperation. As the convention continues, Smith faces the challenge of balancing her government’s pragmatic energy strategy with the ideological demands of her party’s base.


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