Israel responds to the election of Mojtaba Khamenei with a new wave of bombings as global stock markets sink

This tightening of the military operation ‘Lion’s Roar’, launched by Israel to accompany the United States’ ‘Epic Fury’ mission, responds to the choice of Mojtab Jamenei as the new supreme leader of Iran.

This is the son of the late Ayatollah Ali Jameneiand is considered close to the most repressive sectors of the ayatollah regime. Donald Trump, president of the United States, had considered him “unacceptable” for a dialogued transition of power.

The possibility of prolonged conflict and sustained disruption of oil and gas communications routes across the Strait of Hormuz have shot up the price of a barrel of crude oil above $100.

With oil tankers unable to sail for the past ten days, producers have run out of storage and have been forced to stop pumping. Thus the prospect of a prolonged energy crisis is awakened, which revives memories of the shock Middle East oil tanker in the 1970s and which has caused stock markets in Asia and Europe to crash, according to Reuters.

Everything indicates that Wall Street It will also be affected when it opens this Monday.

The political cost

Rising gasoline prices have traditionally had a strong impact on American politics. Although Trump has explained on his Truth Social platform that the increase is a “very small price to pay for security and peace”, the truth is that his inability to politically justify his offensive in Iran seems to be taking its toll.