Mojtaba Khamenei assumed Iran’s supreme leadership in early March 2026 after his father’s death in late-February U.S.-Israeli strikes, yet he has issued only written or audio statements read on state television without any verified visual or in-person public appearance. Security threats from ongoing conflict, reported injuries sustained in the initial attacks, and use of secure, low-profile locations with courier-based communication have kept him out of view, prompting trader focus on confirmation thresholds such as televised addresses, Friday prayers, or official events. Recent U.S. intelligence assessments and official Iranian comments through May 2026 continue to reference his active decision-making role while underscoring the absence of direct sightings, with any scheduled regime ceremonies or diplomatic milestones in the coming weeks serving as potential catalysts for resolution.