Mojtaba Khamenei assumed Iran’s supreme leadership in March 2026 following his father’s assassination in a February airstrike that also reportedly injured him. Since then, he has issued only written statements via state media and official channels, with no verified public appearances, videos, or photographs despite the ongoing conflict, economic pressures, and his father’s July state funeral. Iranian officials cite stringent security needs around senior figures amid regional tensions, while analysts note a possible shift toward collective decision-making involving the president and Revolutionary Guard commanders. Regime responses to health speculation have included claims of private meetings and release of older footage rather than new public events. Trader assessments of an appearance by year-end reflect these sustained security constraints and Mojtaba’s prior low-profile pattern.