What We're Watching

Iranian president’s death complicates a “Supreme” problem

Iran's Supreme Leader Ayatollah Ali Khamenei speaks during a meeting with the families of the Islamic Revolutionary Guard Corps in Tehran, Iran May 19, 2024.
Office of the Iranian Supreme Leader/WANA

While Iranian President Ebrahim Raisi’s death may not have much immediate impact on Iran’s foreign policy – Supreme Leader Ali Khamenei runs that business himself – it could shake things up for a more fundamental question: Who’s going to run the place after the 85-year-old Khamenei dies?

Some background: The Supreme Leader is chosen by an opaque council of high-ranking clerics. While the president, elected in a heavily managed popular vote, doesn’t have direct say, the presidency is still a powerful and public platform.

Raisi, an arch-conservative ally of Khamenei’s, was installed to sideline reformist figures who, in recent years, have gained popularity as the Iranian revolution struggles to find new sources of legitimacy after 45 years in power. Raisi himself was even considered a possible successor to the Big Man.

“With Raisi gone, the hardliners lose one of their key assets,” says Eurasia Group’s top Iran analyst, Gregory Brew. “That creates more uncertainty about the regime’s ability to smoothly manage the transition amid broad public discontent, an anemic economy, and a burgeoning regional crisis.”


The first signs of how Khamenei plans to deal with this will come soon – a new presidential election must be rigg-, er, held within 50 days.

More For You

French President Emmanuel Macron, German Chancellor Friedrich Merz, Ukrainian President Volodymyr Zelenskiy, U.S. Special Envoy Steve Witkoff and businessman Jared Kushner, along with NATO Secretary-General Mark Rutte and otherEuropean leaders, pose for a group photo at the Chancellery in Berlin, Germany, December 15, 2025.
Kay Nietfeld/Pool via REUTERS

The European Union just pulled off something that, a year ago, seemed politically impossible: it froze $247 billion in Russian central bank assets indefinitely, stripping the Kremlin of one of its most reliable pressure points.