Israel US Iran War Live Updates: US Identifies 7th Troop Killed In War, Tanker With Saudi Oil Passes Hormuz

Israel-US-Iran War Live Updates: Iran on Monday named Mojtaba Khamenei to succeed his father, Ali Khamenei as supreme leader, signalling that hardliners remain firmly in charge, as the week-old US-Israeli war with Iran pushed oil above USD 100 a barrel. Mojtaba had been viewed as a frontrunner in the lead-up to Sunday's vote by the Assembly of Experts
The position gives Mojtaba the final say in all matters of state in the Islamic Republic. Mojtaba’s appointment will likely draw the ire of US President Donald Trump, who said on Sunday that Washington should have a say in the selection.
The US-Israeli attacks have killed at least 1,332 Iranian civilians and wounded thousands, according to Iran's UN ambassador.
Meanwhile, the expanding war has severely impacted the oil trade and surging prices sparked a fall in share futures in Asia on Monday, amid fears of rising living costs. The dollar rose sharply against the euro and the yen. US crude futures rose more than 20 per cent in early trade on Monday, hitting their highest since July 2022, amid fears of tighter supply and prolonged disruptions to oil shipments through the Strait of Hormuz. Brent jumped 17 per cent to USD 108.73 a barrel, having already soared 28 per cent last week.
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