Mojtaba Khamenei Named Iran’s Supreme Leader as WTI Oil Surges Past $100 Amid Regional War
Stock Market News·2026-03-08 22:38
Key TakeawaysMojtaba Khamenei has been officially named Iran's new Supreme Leader, succeeding his father, Ali Khamenei, amid an intensifying regional war involving Israel and the United States.WTI Crude Oil surged past $100 per barrel for the first time since July 2022, driven by severe disruptions in the Strait of Hormuz and strikes on regional energy infrastructure.U.S. Treasury and Fed Fund futures fell sharply, with the 10-year note declining 10 ticks as investors price in higher inflation risks and pro ...