Iran’s Clerics Pick a Hard-Liner Leader and Oil Prices Hit the Economy
Mojtaba Khamenei, the son of the late Ayatollah Ali Khamenei, has been selected to take over as Iran’s new supreme leader just a week after his father was killed in U.S.-Israeli strikes. NBC News Contributor Hooman Majd explains what his military background could bode for the war. Plus, oil markets are in turmoil as the Middle East conflict sends shock waves through global energy supplies. Crude surged past $100 a barrel this weekend for the first time since 2022. But, the price of U.S. crude oil plunged around 5% this afternoon and U.S. equities markets sharply reversed after comments from…
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