The United States and Israel continued their attacks on Iran as the war entered its 10th day on Monday. More than a week after the assassination of Iranian Supreme Leader Ayatollah Ali Khamenei in US-Israeli strikes on February 28, the Iranian authorities have named his son, Mojtaba Khamenei, as his successor.

Meanwhile, Iranian attacks on US military assets and other infrastructure continue in Kuwait, Qatar, Saudi Arabia, and the United Arab Emirates. These actions are seen as an expansion of the regional conflict and a response to the military presence of the US regime and its allies in the area.

As the war intensifies, the price for a barrel of Brent crude, the international standard, surged to $119.50 per barrel, nudging down slightly to $112.98 on Monday. It remains well above the $100 mark, a threshold that triggers market panic and economic instability.

On day 10 of the war, the situation remains volatile: the Iranian leadership is attempting to maintain internal stability through the succession appointment, but the ongoing attacks by the US and Israel risk deepening the regional conflict. The sustained high oil prices pose significant threats to the global economy, highlighting the broader geopolitical costs of the escalation.

Source: www.aljazeera.com