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Oil through the roof... Prices surge over 29% after Iran conflict threatens Middle East supply. + Iran’s New Supreme Leader: Khamenei’s Son Defies Trump + Iran’s Overnight Attack: Gulf States Reel... Bahrain Casualties Soar as Refinery Explodes

Iran Names Khamenei’s Son: Mojtaba Chosen as Supreme Leader

Iran’s Assembly of Experts has selected Mojtaba Khamenei to succeed his father as supreme leader, consolidating hardline control at a moment of intense military conflict and raising new fears about escalation and regional stability.

Number

29% - Reported one week surge in oil prices linked to Iran conflict

Quote

"Very small price to pay" — Donald Trump


SPX 6,740 ↓ 1.33% Dow 47,502 ↓ 0.94% Nasdaq 22,388 ↓ 1.59% Gold 5,109 ↓ 0.96% BTC 67,747 ↑ 2.68%


24 Hours

Iran Names Khamenei’s Son: Mojtaba Chosen as Supreme Leader

Iran’s clerical establishment has confirmed a successor after the killing of Ayatollah Ali Khamenei. Reports identify Mojtaba Khamenei as the new supreme leader while analysts and profiles attempt to explain who he is and what his appointment means for the war and regional stability.

Oil Rockets Past $100 a Barrel as Iran War Chokes Supplies

Crude oil prices have surged past $100 a barrel as the Iran war disrupts supply and shipping. Equity futures plunged and global markets reeled as traders priced in a prolonged energy shock.

Seventh US Service Member Killed in Iran Conflict

US military casualties have risen as operations expand across the Middle East. Officials confirmed additional service member deaths following attacks tied to the Iran conflict, prompting fresh concern in Washington.

Video Appears to Show Tomahawk Strike Near Iranian School

Newly surfaced videos and analyses show apparent US or allied missile strikes hitting civilian adjacent sites in Iran, raising political controversy and calls for investigation over the strikes that have caused heavy casualties.

Iran’s Kharg Island Spotlighted as Energy Target

Iran’s oil infrastructure has been a key target in recent operations, spotlighting strategic sites such as Kharg Island and multiple fuel depots that are central to Tehran’s economy and the regional energy flow.

Global Bond Selloff Deepens as Oil Jump Stokes Stagflation Fear

Markets and fixed income have reacted violently to the energy shock. Bond yields and equity volatility jumped as investors and central banks grapple with stagflation risks and the G7 considers coordinated reserve releases.

Price Controls Arrive: South Korea and Taiwan Cap Fuel Prices

Governments across Asia are moving to blunt the consumer pain from surging fuel costs through price controls and fiscal measures as oil-driven inflation hits households and transport costs.

Hours Long TSA Lines Hit Major US Airports Amid DHS Lapse

Air travel faces disruptions from both security incidents and staffing shortfalls. TSA lines have stretched for hours amid a partial DHS funding lapse while airports have been evacuated over potential threats.

IED Ignited at Gracie Mansion Protest - NYPD Confirms

A protest outside the New York mayor’s residence escalated into a terror probe after authorities confirmed that at least one improvised explosive device was ignited and deployed, prompting arrests and federal involvement.

Developing: Suspicious Device Found Inside Vehicle Near Gracie Mansion

Authorities continued the probe around Gracie Mansion after additional suspicious devices were found and recovered, triggering evacuations and street lockdowns amid a widening terrorism inquiry.

Oslo Police Probe Blast Outside US Embassy

An explosion damaged the entrance of the US embassy in Oslo in an incident under investigation. Norwegian authorities treated the blast as suspicious and sought links to the broader security situation in Europe.

Woman Arrested After AR-15 Shots Fired at Rihanna’s Home

Police arrested a suspect after multiple shots were fired at Rihanna and A$AP Rocky’s Beverly Hills residence while the singer was at home. No injuries to the household were reported but the investigation remains active.

Huge Fire Near Glasgow Central Forces Station Closure

A major fire near Glasgow Central Station engulfed a historic building, causing a partial collapse and forcing the closure of one of Scotland’s busiest rail hubs and large-scale firefighting and disruption measures.

Waste Mound Collapse at Indonesia’s Largest Landfill Kills and Leaves Missing

A massive avalanche of garbage at Indonesia’s largest landfill triggered a deadly collapse after heavy rain. Authorities report multiple fatalities and people missing as rescue operations continue.

Three Arrested Over Nightclub Bombing as Injured Toll Rises

Peruvian authorities arrested suspects following a nightclub bombing that left dozens injured. Investigators say explosives caused mass casualties and arrests follow as the casualty count rose.

US Military Strike on Alleged Drug Boat Kills Six

The US military reported a strike on an alleged drug smuggling vessel in the eastern Pacific that killed six people, part of an ongoing campaign against narco trafficking that has drawn scrutiny over rules and casualties.

US Orders Nonessential Staff to Leave Saudi Arabia

Washington ordered nonessential staff out of Saudi Arabia and issued safety warnings to civilians as the regional war widened. US Central Command and the State Department issued advisories amid heightened threats.

Japan’s Nikkei Crashes More Than 7% as Oil Tops 100

Asian markets plunged as oil topped $100 a barrel, with Japan’s major indices crashing in early trade. The rout reflected global selloffs and acute investor concerns about energy supplies and growth.

Judge Voids Kari Lake Actions at Voice of America

A federal judge voided mass layoffs and actions tied to Kari Lake’s appointment at the US Agency for Global Media, restitution that reinstates VOA staff and sets legal limits on the administration’s media reshuffle.

FBI Raids Home of Two Suspects Linked to Gracie Mansion Explosive

Federal probes and raids followed up on the Gracie Mansion bombing incident and related suspects. The FBI led searches and opened terrorism inquiries as investigators examined links to extremist inspiration and device construction.

OpenClaw Craze Spreads in China as Labs Roll Out Setup Tools

China’s enthusiasm for agentic AI tools is accelerating through new products and policy moves, while AI infrastructure funding surges as startups and chipmakers attract massive investment amid the AI arms race.

OpenAI Robotics Leader Resigns Over Pentagon AI Deal

Concerns about mysterious health incidents resurfaced after reports a US military lab tested a device that may explain Havana Syndrome. The 60 Minutes investigation and former officials renewed debate over covert weapons testing and accountability.

Istanbul Ex‑Mayor to Stand Trial on Corruption Charges

Turkey faces both legal and military developments as high profile trials and deployments shift the regional balance. Former municipal leaders face corruption trials while Ankara readies fighter deployments amid regional tensions.

At Least 42 Killed in Days of Floods Across Kenya

Humanitarian fallout and displacement grew as floods and conflict forced civilians to flee. African floods killed dozens while Iranians used border crossings to escape and political prisoners faced acute danger amid the conflict.