The Impact of Death of Iran’s President and Foreign Minister on Oil Markets, OPEC+ and Relations with the US

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The News

Reuters: Iran’s Hardliner President Killed in Helicopter Crash

Bloomberg: Rescuers Found No Signs of Life at Iran Crash Site

BBC: Ebrahim Raisi: What we know about deadly Iran helicopter crash

ALJazeera: World reacts to the death of Iran’s President Ebrahim Raisi

ALJazeera: Who was Iran’s President Ebrahim Raisi?

Summary

Iran's President Ebrahim Raisi, considered a potential next supreme leader, died in a helicopter crash along the foreign minister. The crash occurred in a mountainous region of northwestern Iran amid dense fog. This incident happens during escalating Middle East tensions, notably the Gaza war and Iranian-backed groups attacking US interests and regional shipping. Raisi, known for his hardline stance and deep distrust towards the US and Israel, had promoted alliances with China and Russia.

Source: medyascope. tv

The Impact