Facebook Pixel A void and its reverberations | Financial Express Delhi - newspaper - Read this story on Magzter.com

Try GOLD - Free

A void and its reverberations

Financial Express Delhi

|

March 02, 2026

THE ASSASSINATION OF Ayatollah Ali Khamenei on February 28 in a coordinated US-Israeli strike represents the gravest rupture in Iran’s political order since the 1979 Islamic Revolution.

- HARSH V PANT Vice President for Studies and Foreign Policy, Observer Research Foundation

THE ASSASSINATION OF Ayatollah Ali Khamenei on February 28 in a coordinated US-Israeli strike represents the gravest rupture in Iran’s political order since the 1979 Islamic Revolution. For a system that has prided itself on ideological continuity and institutional resilience, the sudden removal of its supreme arbiter has exposed deep structural fault lines. Iranian state media’s confirmation of the 86-year-old Supreme Leader’s death, followed by 40 days of mourning, cannot mask the stark reality: the Islamic Republic has lost the one figure who, for 37 years, balanced clerical authority, military power, and ideological orthodoxy.

President Donald Trump’s characterisation of the strike as “justice for the people of Iran”, coupled with explicit calls for regime change, has ensured that this is not merely a leadership crisis but a strategic inflection point. Tehran’s retaliatory missile strikes on US bases across Iraq and the Gulf, as well as Israeli military installations, signal that escalation—not restraint—will define the immediate horizon.

A system without its anchor

Iran’s constitution provides for a temporary three-member council—President Masoud Pezeshkian, judiciary chief Gholam-Hossein Mohseni-Ejei, and a Guardian Council jurist—to assume authority until the Assembly of Experts selects a successor. On paper, the transition may appear orderly but in practice, it will be anything but.

Names circulating as potential successors reflect the system’s internal tensions: Ayatollah Alireza Arafi, Ayatollah Mohsen Araki, Ayatollah Hashem Hosseini Bushehri, and Mohseni-Ejei himself represent clerical continuity. More controversial possibilities include Mojtaba Khamenei, whose elevation would invite charges of dynastic succession, and Hassan Khomeini, whose relative pragmatism could unsettle hardline factions.

MORE STORIES FROM Financial Express Delhi

Financial Express Delhi

Ready, set, game!

The gaming market is abuzz with powerful new launches, be it speedier mouses, monitors with enhanced displays, or cloud-based systems

time to read

3 mins

April 19, 2026

Financial Express Delhi

DishTV board nod to appoint directors

DISH TV, A direct-to-home (DTH) service provider, has received shareholders’ nod for the appointment of three independent directors to the company’s board, according to exchange filings.

time to read

1 min

April 19, 2026

Financial Express Delhi

Apple defeats bid to ban import of new Apple Watch in US

AUS TRADE tribunal ruled for Apple on Friday against a bid from medtech company Masimo to reinstate an import ban on the tech giant's Apple Watches.

time to read

1 min

April 19, 2026

Financial Express Delhi

'Crushed women's dreams'

MODI SAID WOMEN had seen how parties like the Congress, the TMC and the DMK \"celebrated their selfish politics\" against women's empowerment.

time to read

1 min

April 19, 2026

Financial Express Delhi

ICICI Bank Q4 PAT up 8.5%

ICICI BANK'S NET profit for the quarter ended March grew 8.5% on year to %13,702 crore, due to a sharp fall in provisions and contingencies and an improvement in asset quality.

time to read

1 min

April 19, 2026

Financial Express Delhi

Progressive leaders defend liberal order in Spain

15 countries, along with the UK, join Global Progressive Mobilisation

time to read

1 min

April 19, 2026

Financial Express Delhi

Cabinet gives nod to $1.4-bn maritime insurance backstop

WITH INSURANCE BECOMING scarce amid the West Asia crisis, the Cabinet on Saturday approved a $1.4-billion (₹12,980 crore) sovereign guarantee to back a new industry-led pool that will cover maritime risks, including hull and machinery, cargo, protection and indemnity (P&I), and war risk.

time to read

1 mins

April 19, 2026

Financial Express Delhi

Jet fuel surge may cancel more flights

Global capacity for May reduced by 3 percentage points

time to read

2 mins

April 19, 2026

Financial Express Delhi

An electrifying revolution on three wheels

Two-thirds of all 3-wheelers sold in FY27 to be electric

time to read

2 mins

April 19, 2026

Financial Express Delhi

Poisoned arrows shot down

BJP MPs and others raise slogans during a protest after the Constitution Amendment Bill was defeated during the Special session of Parliament

time to read

3 mins

April 19, 2026

Listen

Translate

Share

-
+

Change font size