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Qatari LNG tanker among ships hit near Strait of Hormuz - WSJ

Jul 7, 2026, 02:22 GMT+1

A Qatari LNG tanker appears to have been among two commercial ships hit near the Strait of Hormuz early Tuesday, The Wall Street Journal reported.

The report cited an audio recording which suggested Iran's Revolutionary Guards warned ships over the weekend: “Our missiles and drones are ready to fire at you.”

The impacted vessel is reported to be Al Rekayyat, a liquefied natural gas tanker owned and managed by Nakilat, the shipping arm of Qatar’s LNG industry, the report said.

The Journal said a radio recording from the vessel indicated it had been hit on the port side near the top of the engine room, causing smoke and fire, while all crew members were safe.

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Iran buries Khamenei as fight over his power continues
1
ANALYSIS

Iran buries Khamenei as fight over his power continues

2
INSIGHT

Iran’s energy growth slows to a crawl as demand races ahead

3
VOICES FROM IRAN

Iran's costly farewell for supreme leader draws backlash

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INSIGHT

Iran keeps Ejei as judiciary chief, preserving hardline course

5
ANALYSIS

The end of one-man rule? Iran tests life after Khamenei

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  • Khamenei funeral struggles to stay on script
    INSIGHT

    Khamenei funeral struggles to stay on script

  • The end of one-man rule? Iran tests life after Khamenei
    ANALYSIS

    The end of one-man rule? Iran tests life after Khamenei

  • Iran's costly farewell for supreme leader draws backlash
    VOICES FROM IRAN

    Iran's costly farewell for supreme leader draws backlash

  • Iran’s energy growth slows to a crawl as demand races ahead
    INSIGHT

    Iran’s energy growth slows to a crawl as demand races ahead

  • Behind the funeral: Khamenei’s coffin becomes stage for Iran’s wounded power
    ANALYSIS

    Behind the funeral: Khamenei’s coffin becomes stage for Iran’s wounded power

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The end of one-man rule? Iran tests life after Khamenei

Jul 7, 2026, 02:04 GMT+1
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Negar Mojtahedi
The end of one-man rule? Iran tests life after Khamenei
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Senior Iranian officials attend the funeral of slain supreme leader Ali Khamenei. From left to right: foreign minister Abbas Araghchi, parliament speaker and lead negotiator Mohammad Bagher Ghalibaf, chief justice Gholamhossein Mohseni Eejei, and president Masoud Pezeshkian, July 4, 2026

As Iran adjusts to life after Ali Khamenei, a question once considered unthinkable is moving into the open: is the role of Supreme Leader itself being redefined?

For nearly half a century, the Islamic Republic has rested on one central principle: the Supreme Leader has the final word.

Presidents, parliament, the judiciary and the military could disagree. Institutions could compete. Factions could fight. But ultimately, Iran’s Supreme Leader settled the argument.

That assumption now appears shaken—and is being openly questioned from inside the system itself.

The debate began with what appeared to be a dispute over the government’s memorandum with the United States.

Vice President for Executive Affairs Mohammad-Jafar Ghaempanah argued that Supreme Leader Mojtaba Khamenei’s views were subject to institutional review rather than automatic implementation.

“If every opinion expressed by the Leader were implemented without question, there would be no need for institutions such as Parliament or the Supreme National Security Council,” Ghaempanah said.

Ultra-hardliners accused Ghaempanah of attacking the doctrine of Velayat-e Faqih, or Guardianship of the Islamic Jurist, arguing that he had reduced the Supreme Leader’s judgment to the level of other officials.

“It’s a very new thought,” said Patrick Clawson, deputy director for research at the Washington Institute for Near East Policy, “the idea that the Supreme Leader is not the one who makes the final decision.”

Clawson cautioned against overstating Ghaempanah’s personal influence. Although he holds the title of vice president, the position functions largely as a presidential adviser rather than one of Iran’s principal decision-makers.

The significance, he said, lies not with the messenger but with the idea itself.

“There has always been some collective element,” Clawson said. “But the Supreme Leader has been the final decision-maker.”

The suggestion that institutional decisions might themselves become definitive, without requiring the Leader’s final approval, would represent “a very new and different way of doing things,” he added.

Historian Arash Azizi said the controversy reflects a deeper problem.

“The Islamic Republic's constitutional design has had a tension or a contradiction built into it from the beginning,” Azizi said, arguing that the office of Supreme Leader was built around a “philosopher-king” model: an unelected cleric standing above politics and resolving disputes between competing institutions.

Under Ali Khamenei, that contradiction largely disappeared.

“He effectively turned Iran into an autocracy ... a personalistic system really, where his final word just carried the ultimate weight,” Azizi said.

But no successor, he argues, was likely to inherit that degree of authority.

“It had long been clear that there would be no smooth succession,” Azizi said. “It had also long been clear that it is much more likely that the future of leadership in the Islamic Republic would be less clerical and more collective.”

According to Azizi, that transition had already begun before Ali Khamenei’s death.

Following the 12-day war, he argued, day-to-day authority increasingly shifted toward the Supreme National Security Council, where Iran’s major institutions, including the presidency, judiciary, IRGC and intelligence services, are represented.

In that context, Ghaempanah’s remarks become more than a defense of negotiations with Washington.

They suggest the office of Supreme Leader itself may be evolving from the unquestioned source of authority into one power center among several.

If that trend continues, Azizi believes the constitutional framework itself may eventually need to change.

“I believe that in the next few years, they'll change the constitution and perhaps get rid of the position of Supreme Leader, merge it with the president, or fundamentally change the constitution of the Islamic Republic.”

Janatan Sayeh, a research analyst at the Foundation for Defense of Democracies, sees another force behind the shift.

“No one had undermined the Supreme Leader's role like this,” he said.

“The military establishment does not feel the need to appease the clergy as much as they used to,” Sayeh added.

Rather than replacing the office of Supreme Leader, Sayeh argues, the Islamic Revolutionary Guard Corps benefits from preserving it as a source of religious and constitutional legitimacy while real power increasingly flows through security institutions.

“Ideally they want a Velayat-e Faqih that's IRGC-dominated and not influenced by the clergy,” he said.

The government insists Ghaempanah’s comments have been distorted and that he never challenged the Supreme Leader’s authority.

Yet the debate his remarks unleashed reveals something almost unimaginable under Ali Khamenei.

For decades, Iran’s institutions competed beneath a single unquestioned authority. Today, the competition increasingly appears to be over that authority itself.

Whether power ultimately settles with the Supreme National Security Council, the IRGC or another coalition of political elites remains uncertain.

The deeper question is whether the office of Supreme Leader, as it functioned under Ali Khamenei, can survive the man who defined it.

US official says Netanyahu’s Iran war promises fell short - Axios

Jul 7, 2026, 00:30 GMT+1

A senior Trump administration official said Israeli Prime Minister Benjamin Netanyahu had made “a bunch of promises” about the Iran war that “didn't come to pass,” Axios reported Monday.

“But what can we do? He'll come. He'll make his promises and then we'll have to check everything out,” the official told Axios.

Axios reported that Netanyahu had asked President Donald Trump to rein in Turkish President Recep Tayyip Erdoğan and refrain from selling weapons systems that would help Turkey modernize its air force.

Iran's costly farewell for supreme leader draws backlash

Jul 6, 2026, 23:31 GMT+1
Iran's costly farewell for supreme leader draws backlash
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The Islamic Republic's state funeral for Ali Khamenei has drawn criticism over its attendance, the extensive public resources devoted to the event and what many Iranians described as an unsuccessful attempt to project political strength, following the burial ceremony.

Images and videos from Tehran's prayer ground complex prompted widespread discussion among Iranians, with many saying attendance fell short despite an extensive state mobilization effort.

Messages sent to Iran International argued authorities relied on government employees, security forces, organized transportation, free meals and public holidays to maximize turnout, yet still failed to fill the designated venue.

For many, the relatively sparse gathering represented more than a logistical disappointment.

Read the full article here.

Wall Street rises as oil returns to pre-Iran war levels

Jul 6, 2026, 22:58 GMT+1

Wall Street ended higher on Monday as oil prices settled around levels last seen before the US-Israel war with Iran, while investors looked ahead to corporate earnings and new developments in the AI and chipmaker sectors.

All three major US indexes closed in positive territory.

The Dow Jones Industrial Average rose 0.29%, the S&P 500 gained 0.72% and the Nasdaq Composite climbed 1.12%.

Revenge rhetoric dominates Khamenei funeral despite US talks push

Jul 6, 2026, 22:56 GMT+1
Revenge rhetoric dominates Khamenei funeral despite US talks push
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Mourners carry an anti-Trump banner at the funeral ceremonies for Iran's slain supreme leader Ali Khamenei, Tehran, July 5, 2026

Calls for revenge and threats targeting US President Donald Trump and other American public figures featured prominently during Ali Khamenei’s funeral procession in Tehran on Monday, as mourners demanded retaliation for the slain Supreme Leader’s killing.

Participants carried placards resembling assassination target lists, with red crosshairs superimposed on the faces of several US and pro-Israel figures.

Those pictured included Trump, Republican Senator Lindsey Graham, conservative commentator Ben Shapiro, activist Laura Loomer, Israeli-American billionaire Miriam Adelson, Foundation for Defense of Democracies chief Mark Dubowitz, investor Peter Thiel and others.

The placards read: “Sooner or later, your heads will roll.”

Participants also hanged an effigy of Trump, while others carried a large banner reading “Kill Trump – $100 Million Iranian Bounty” in front of the vehicle carrying Khamenei’s coffin.

A video published online showed Islamic Republic supporters throwing stones at a poster of Trump before tearing it apart.

In another video from the procession, mourners chanted: “We don't want a deal, we want Trump's head,” underscoring the contrast between public calls for revenge and the Islamic Republic’s parallel ceasefire and negotiation track with Washington.

The IRGC-affiliated Fars News Agency separately published footage showing supporters waving red flags and calling for revenge over Khamenei’s killing, reinforcing the retaliation theme that ran through the procession.

A large English-language poster depicting Trump and Israeli Prime Minister Benjamin Netanyahu as wanted men was also displayed among the crowds, featuring threats including “There will be blood” and “Kill Trump” alongside images of the two leaders marked with crosshairs.

Iranian officials and pro-government figures have repeatedly called for revenge over Khamenei’s killing, while insisting that retaliation is separate from the country’s ceasefire and negotiation process.

Inside Tehran’s metro system, Islamic Republic supporters chanted slogans against negotiations with the United States, including: “We did not give martyrs to make peace, or to praise the murderer Trump.”

Another group chanted: “Death to the foreign-backed Pahlavi,” referring to exiled prince Reza Pahlavi, who has called for the end of the Islamic Republic.

The funeral, staged as a mass display of loyalty to the Islamic Republic’s slain leader, became a platform for threats against US and Israeli figures and against Iranian opposition figures abroad.