#BREAKING: Iran 🇮🇷 officially confirms the death of Supreme Leader Ali Khamenei (86).

⭕ He was killed by thd joint U.S.–Israeli airstrike on Yesterday (28th).

⭕ Khamenei first came to power in 1989 and ruled Iran for 37 years.

⭕ Khamenei’s response to Western attacks during his rule was generally restrained and measured, despite the strong rhetoric.

⭕ Iran accounts for roughly 3-5% of global oil production, while the Strait of Hormuz, over which Iran holds significant strategic influence, carries around 20% of the world’s oil shipments.

⭕ With Khamenei's death the global economy is now moving into a period of deep deep uncertainty.

#Iran #GlobalTrade