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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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Russian Forces Advance South of Kupiansk Amid Fierce Battles

 

                         File photo: Firefighters work at the site of the Russian drone strike in the Odesa region.


Russian forces have reportedly made significant advances south of the Ukrainian city of Kupiansk, according to a Russian commander on the ground. The commander, identified by the call sign “Hunter” and leading an assault detachment of Russia’s 1486th Motorized Rifle Regiment, claimed that his troops had seized an oil depot on the eastern edge of Kupiansk and captured several railway stops along the line toward Kupiansk Vuzlovyi, a settlement located about six kilometers south of the city center.

In a video statement released by Russia’s Defense Ministry, Hunter said his units were also fighting to clear the railway station at Kupiansk-Sortuvalnyi, underscoring Moscow’s continued push to tighten its grip on the Kharkiv region. The reported gains are part of broader Russian efforts to employ pincer movements aimed at encircling both Kupiansk and Pokrovsk in neighboring Donetsk.

Kupiansk, a strategic logistics hub, has long been a focal point in the war. Captured by Russia early in the 2022 invasion, it was retaken by Ukrainian forces later that year in a counter-offensive. Now, Moscow appears determined to reclaim the city, which Ukrainian officials have described as a key target in Russia’s campaign to destabilize the northeast.

While Russia touts its advances, independent verification remains difficult, highlighting the fog of war that continues to obscure the situation on the ground.

The renewed fighting has raised fears among residents of Kupiansk, many of whom endured occupation in 2022. Local accounts describe a city scarred by bombardments, with civilians bracing for the possibility of another prolonged Russian presence.

Ukraine, meanwhile, continues to reinforce supply lines and defensive positions in the region, seeking to blunt Moscow’s offensive. The battle for Kupiansk is likely to remain a critical flashpoint in the months ahead, with both sides viewing control of the city as strategically vital.

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