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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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Europe Rejects U.S. Peace Framework Demanding Ukrainian Concessions

Ukraine suffered one of the worst Russian attacks in months when drones and missiles hit Ternopil. 

European leaders have firmly rejected a U.S.-backed peace proposal that would require Ukraine to surrender territory and scale back its military capabilities. The plan, reportedly drafted by Washington and discussed with President Volodymyr Zelenskyy, has been described by European officials as tantamount to forcing Kyiv into capitulation.

According to reports, the framework envisions Ukraine giving up land to Russia and partially disarming its armed forces. This approach has sparked alarm across Europe, where officials insist that any peace plan must respect Ukraine’s sovereignty and involve both Kyiv and European partners in negotiations.

EU foreign policy chief Kaja Kallas emphasized that “for any plan to work, it needs Ukrainians and Europeans on board,” underscoring the bloc’s position that decisions about Ukraine’s future cannot be made without its direct involvement. German and French officials echoed this sentiment, calling for a “just peace” that does not undermine Ukraine’s independence.

The timing of Washington’s diplomatic push is particularly sensitive. Ukraine is facing intensified Russian attacks, including one of the worst strikes in months on the city of Ternopil, while its government grapples with internal corruption scandals that have weakened public trust.

European resistance highlights a growing transatlantic divide over how to end the war. While the U.S. appears eager to accelerate negotiations, European leaders argue that imposing concessions risks emboldening Moscow and undermining the principles of sovereignty and self-determination.

For now, the message from Europe is clear: peace cannot come at the expense of Ukraine’s territorial integrity or its right to defend itself.

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