Mojtaba Khamenei was appointed Iran's third supreme leader by the Assembly of Experts in early March 2026 following the February 28 assassination of his father, Ayatollah Ali Khamenei, during U.S.-Israeli strikes that initiated broader conflict. He has issued written statements and authorized state media messages since taking office but has made no confirmed public appearances, amid reports of injuries sustained in the attacks and questions over his day-to-day control amid IRGC influence. Trader odds remain low for any departure by mid-2026 because his institutional position as head of state, combined with regime security protocols and the absence of verified exile signals, make voluntary or forced exit unlikely absent major military escalation or internal collapse. No scheduled events such as confirmation votes or summits currently alter this positioning.