Mojtaba Khamenei has issued only written statements since his March 2026 appointment as Supreme Leader following his father Ali Khamenei's assassination in late February strikes, with Iranian officials citing security risks amid the ongoing conflict as the reason for his continued absence from public view. No authenticated photographs, videos, or audio recordings have emerged despite repeated claims from President Masoud Pezeshkian of direct meetings, accounts from family members placing him at the July burial ceremonies in Mashhad, and recent assertions of sightings at rallies or shrines. Traders weigh these unverified reports against the lack of visual proof and the regime's history of limiting exposure for senior figures under threat. Scheduled religious commemorations and state events through late 2026 could provide opportunities for an appearance, though resolution hinges on credible media confirmation rather than official assertions.