Iran sees oil price surge, explosions near NYC mayor's home, flooding in Nairobi; Japan's stock market tumbles amid tensions.
IRAN — The appointment of Mojtaba Khamenei as Iran's new supreme leader triggers a surge in global oil prices, causing stock markets to tumble. Investors react to the anticipated impact on Middle East stability.
TEHRAN, IRAN — Mojtaba Khamenei officially assumes leadership following his father's death. This transition raises concerns over continued hardline policies amid heightened regional tensions.
NEW YORK, UNITED STATES — Authorities discover explosives near Mayor Zohran Mamdani's home amid rising political tensions. The incident follows violent clashes between competing activist groups.
NAIROBI, KENYA — Severe flooding in Kenya results in at least 42 fatalities, severely impacting many neighborhoods in Nairobi. Emergency services struggle to respond to widespread destruction.
JAPAN — Japan’s stock market endures a sharp decline, with the Nikkei average dropping below 4200 yen. Analysts attribute the fall to rising tensions in Iran affecting investor confidence.
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Key Personalities

Mojtaba Hosseini Khamenei is an Iranian politician and Muslim cleric. The second eldest child of Ali Khamenei, the former supreme leader of Iran, Mojtaba Khamenei served in the Iran–Iraq War from 1987 to 1988, and also reportedly took control of the Basij that was used to suppress the protests over the 2009 election.
Zohran Kwame Mamdani is an American politician who has served as the 112th mayor of New York City since January 2026. A member of the Democratic Party and the Democratic Socialists of America, Mamdani served from 2021 to 2025 as a member of the New York State Assembly for the 36th district, representing Astoria, Queens.
Ali Hosseini Khamenei was an Iranian politician and Shia cleric who served as the 2nd supreme leader of Iran from 1989 until his assassination during the 2026 Iran conflict. He previously served as the third president of Iran from 1981 to 1989. His tenure as supreme leader, spanning 36 years and six months, made him the longest-serving head of state in the Middle East at the time of his death. He held the title of Ayatollah and was considered one of the world's leading Shia marja'.
Donald John Trump is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021.
Ekrem İmamoğlu is a Turkish politician who has served as the 32nd Mayor of Istanbul since 2019. He is currently suspended from office by the governor and remains in pretrial detention since 19 March 2025 at Marmara Prison (Silivri). He denies the accusations and claims they have been politically motivated. He is the Republican People's Party (CHP) presumptive candidate for the next Turkish presidential election.
Mohammed Ali Ndume is a Nigerian politician who has served as the senator representing Borno South Senatorial District since 2011. He was a member of the House of Representatives of Nigeria from 2003 to 2011. He is currently a member of the All Progressives Congress.
Asiwaju Bola Ahmed Adekunle Tinubu is a Nigerian politician serving as the 16th and current president of Nigeria since 2023. He previously served as the governor of Lagos State from 1999 to 2007 and senator for Lagos West in the Third Republic.
The prime minister of Canada is the head of government of Canada. Under the Westminster system, the prime minister governs with the confidence of a majority of the elected House of Commons; as such, the prime minister typically sits as a member of Parliament (MP) and leads the largest party or a coalition of parties. As first minister, the prime minister selects ministers to form the Cabinet.
Anwar bin Ibrahim is a Malaysian politician who has served as the 10th prime minister of Malaysia since 2022. A member of the People's Justice Party (PKR), he has been Member of Parliament (MP) for Tambun since 2022. Upon becoming prime minister, he appointed himself Minister of Finance. Anwar is also the president of PKR since 2018 and the chairman of Pakatan Harapan coalition since 2020.
Azam bin Baki is a Malaysian investigation officer who has served as the 6th Chief Commissioner of the Malaysian Anti-Corruption Commission (MACC) since March 2020. Azam attracted controversy after it was revealed that he owned an excessive amount of stock while sitting on the top rank of MACC.
Valencia, officially València, is the capital of the province and autonomous community of the same name in Spain. It is located on the banks of the Turia, on the east coast of the Iberian Peninsula on the Mediterranean Sea. With a population of 824,340, it is the third-largest city in Spain. The urban area of Valencia has 1.6 million people while the metropolitan region has 2.5 million.
López or Lopez is a surname of Spanish origin. It was originally a patronymic, meaning "Son of Lope", Lope itself being a Spanish given name deriving from Latin lupus, meaning "wolf". Its Portuguese and Galician equivalent is Lopes, its Italian equivalent is Lupo, its French equivalent is Loup, its Romanian equivalent is Lupu or Lupescu, its Catalan and Valencian equivalent is Llopis and its Basque equivalent is Otxo.
Roy Leonardo Barreras Montealegre is a Colombian politician and 2018 presidential candidate, he had served as senator from 2010 to 2023 and President of the Senate of Colombia from July 2022 to May 2023. In addition to senator, Barreras served as chairman of former governing party, the Union Party for the People. He entered politics in 2006 when he was elected as a member of the Chamber of Representatives.
Subrahmanyam Jaishankar is an Indian politician and retired diplomat who is serving as the minister of external affairs since 2019. He is the longest-serving minister for external affairs to hold the portfolio exclusively. A member of the Bharatiya Janata Party (BJP), he is a member of parliament in the Rajya Sabha, the upper house of the Indian parliament. He previously served as the foreign secretary of India from 2015 to 2018. In January 2019, he was conferred with the Padma Shri, India's fourth-highest civilian honour.
Subrahmanyam Jaishankar is an Indian politician and retired diplomat who is serving as the minister of external affairs since 2019. He is the longest-serving minister for external affairs to hold the portfolio exclusively. A member of the Bharatiya Janata Party (BJP), he is a member of parliament in the Rajya Sabha, the upper house of the Indian parliament. He previously served as the foreign secretary of India from 2015 to 2018. In January 2019, he was conferred with the Padma Shri, India's fourth-highest civilian honour.
Paul Chan Mo-po is the Financial Secretary of Hong Kong and former Secretary for Development of Hong Kong Special Administrative Region. He was a member of the Legislative Council of Hong Kong.
Giorgia Meloni is an Italian stateswoman and politician who has served as Prime Minister of Italy since October 2022. She is the first woman to hold the office and the head of the third-longest government in the history of the Italian Republic. A member of the Chamber of Deputies since 2006, she has been president of the right-wing to far-right party Brothers of Italy (FdI) since 2014, and was president of the European Conservatives and Reformists Party from 2020 to 2025.
Gustavo Francisco Petro Urrego is a Colombian politician, former guerrilla leader, and economist who has served as the 35th president of Colombia since 2022. Upon inauguration, he became the first left-wing president in the recent history of Colombia.
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