Published by Global Banking & Finance Review®
Posted on March 1, 2026
3 min readLast updated: April 2, 2026
Add as preferred source on GoogleAyatollah Ali Khamenei, Iran’s Supreme Leader since 1989, was confirmed killed on February 28, 2026, in joint U.S.–Israeli airstrikes. His death leaves a power vacuum and sets the stage for a potential regime transition amid rising retaliation.
Feb 28 (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei, who turned the country into a powerful anti-U.S. force and extended its military influence across the Middle East while crushing repeated domestic unrest, was killed in Israeli and U.S. strikes, a senior Israeli official told Reuters on Saturday.
There was no immediate Iranian confirmation of his fate.
The United States and Israel carried out military strikes on Iran on Saturday, targeting its top leaders and plunging the Middle East into a conflict that President Donald Trump said would end a security threat to the U.S. and give Iranians a chance to topple their rulers.
Khamenei, 86, became Iran's highest authority in 1989, following the death of the Islamic Republic's founder, Ayatollah Ruhollah Khomeini. As supreme leader, he held ultimate control over Iran's political, military and religious institutions, shaping domestic policy and guiding foreign relations.
Israel long saw him as a destabilizing force in the Middle East, citing his backing for Iran's network of militant allies, including Palestinian Hamas and Lebanon's Hezbollah. When Israel and Iran fought a 12-day air war in June 2025, Israeli Defence Minister Israel Katz threatened to assassinate him, saying the supreme leader "cannot continue to exist."
That war saw Israel launch a surprise strike that struck Iran's underground nuclear site, killed senior commanders and nuclear scientists, and wiped out much of the military leadership. Khamenei's killing deals another blow to a country already reeling from war and economic hardship.
Khamenei upheld the conservative vision of his predecessor, Khomeini, quashing the ambitions of elected presidents who sought more open policies at home and abroad. Under his rule, authorities crushed repeated protests and sidelined reformists pushing for less confrontation with the West.
Iran became a powerful regional anti-U.S. force under Khamenei, extending its influence across the Middle East. He backed the 2015 nuclear deal brokered with world powers and pragmatist President Hassan Rouhani, which briefly eased Iran's isolation. But tensions spiked after U.S. President Donald Trump abandoned the accord in 2018 and reimposed sanctions.
Since the Hamas-led attack on Israel on Oct. 7, 2023, Iran has seen its allies weakened. Hamas and Hezbollah suffered heavy blows from Israel, while Syrian President Bashar al-Assad, long propped up by Tehran, was toppled in December 2024.
The post of Supreme Leader was created after the 1979 revolution and enshrined in Iran's constitution, giving a top cleric ultimate authority over the president and parliament. The Assembly of Experts, an 88-member clerical body vetted by a hardline watchdog aligned with Khamenei, formally selects the leader.
(Reporting by Maayan Lubell, writing by Ahmed Elimam and Hatem Maher)
A senior Israeli official claimed Ali Khamenei was killed in Israeli and US military strikes.
Khamenei's death deals a major blow to Iran, affecting its leadership, regional influence, and stability.
Tensions escalated after Israel launched military strikes on Iran, targeting top leaders and nuclear sites.
The Assembly of Experts, an 88-member clerical body, is responsible for selecting Iran's Supreme Leader.
Khamenei's death could increase instability in the Middle East, affecting global finance and energy markets.
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