Crude oil prices rise by as much 20 percent as sprawling regional conflict threatens global energy supplies.
Opponents of the government, however, worried the new supreme leader, a son of the recently killed Ayatollah Ali Khamenei, would rule with an iron fist like his father.
Iran's military and political leaders pledge allegiance to Mojtaba Khamenei as US-Israeli attacks continue.
Iran named Mojtaba Khamenei, a son of Ayatollah Ali Khamenei, as his father’s successor. The Pentagon announced the death of a seventh U.S. service member.
Mojtaba Khamenei takes on a role that makes him not only Iran’s spiritual leader but also the highest authority in the land.
Iranian state television has announced that the Assembly of Experts has chosen Mojtaba Khamenei as supreme leader.
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An apology comes from Iran's president, yet missiles are still hitting neighbours.
The selection of a son of Ayatollah Ali Khamenei, who was killed in a strike on his compound at the start of the war, could anger Iranians seeking change.