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U.S. Officials Say Iran’s New Supreme Leader Gravely Wounded Amid Escalating Conflict

Protesters hold posters of Iran's late Supreme Leader Ayatollah Ali Khamenei and his son, Iran's new Supreme Leader Mojtaba Khamenei, during a protest marking al-Quds Day (Jerusalem Day), after Friday prayers at Fatih Mosque in Istanbul. U.S. Defense Secretary Pete Hegseth has confirmed that Iran’s newly appointed Supreme Leader, Mojtaba Khamenei , was seriously wounded and likely disfigured during the opening phase of U.S. and Israeli military strikes. Speaking at a Pentagon briefing, Hegseth described Iran’s leadership as “desperate and hiding,” asserting that Khamenei has gone underground following injuries sustained in the attacks.  Reports from multiple outlets indicate that Khamenei has not appeared publicly since the conflict began, fueling speculation about the severity of his condition. Some accounts suggest he may have suffered catastrophic injuries, including the loss of a limb and a possible coma, after an airstrike that also killed members of his family.  U.S....
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US Grants 30-Day Waiver Allowing Purchase of Russian Oil Stranded at Sea

MT Mount Fuji, a Russian oil tanker carrying Russian oil, waits to unload near Narara Marine National Park in the Arabian Sea, Gujarat, India, March 11, 2026..

The United States has issued a temporary 30-day sanctions waiver permitting countries to purchase Russian crude oil and petroleum products currently stranded at sea. According to Treasury Secretary Scott Bessent, the move aims to stabilize global energy markets disrupted by the ongoing Iran conflict. The waiver applies specifically to oil loaded on vessels as of March 12 and remains valid until April 11. 

Russia’s presidential envoy Kirill Dmitriev noted that the measure could affect up to 100 million barrels of Russian crude—nearly a full day of global output—highlighting the scale of oil currently in transit. Oil prices eased slightly in Asia following the announcement, reflecting cautious optimism that the waiver may help ease supply pressures amid heightened geopolitical tensions. 

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