Iranian Ayatollah Khamenei’s Death Sparks Revolt Among Kalshi Customers
How Kalshi decided to settle a market tied to Iran’s supreme leader prompted anger among traders who felt the rules weren’t clear.
Last updated: 2026-03-02 20:09:51 ET
Pulse AI Brief
Updated Mar 2, 2026 8:00 PM ET
Supreme Leader Ali Khamenei is dead, leaving Iran's power structure in flux as U.S. and Israeli strikes continue into a third day. All three nations are signaling preparation for weeks of sustained conflict, with no ceasefire framework on the table and Iran's divided opposition facing a long road to any coherent leadership transition.
Defense stocks including Palantir (PLTR) and Lockheed Martin (LMT) are rallying as analysts call spending "more urgent and less controversial." Broader equity markets are under pressure, with financial planners flagging short-term volatility windows as the conflict drags on.
A leaderless Iran mid-conflict is an unpredictable Iran — the succession vacuum could either accelerate a negotiated pause or trigger escalatory action from hardline factions seeking to assert control.
How Kalshi decided to settle a market tied to Iran’s supreme leader prompted anger among traders who felt the rules weren’t clear.
As tensions between the U.S. and Iran rose over the past few weeks, traders were using Kalshi and Polymarket to bet on whether Iran’s Supreme Leader...
Wagers were placed over the weekend about the fate of Iranian leader Ayatollah Ali Khamenei who was killed in the bombardment.
U.S. President Donald Trump has been scheduled to visit China at the end of March, following tense trade relations with Beijing.
This week on "Face the Nation with Margaret Brennan," as the U.S.-Israel strikes on Iran continue into a second day after the death of Supreme Leader ...
US president signals willingness to engage with Tehran’s surviving leadership as strikes and retaliatory attacks intensify across regionUS-Israel wa...
Follow the latest news after the U.S. and Israel launched a massive attack on Iran that killed Iran's Supreme Leader Ayatollah Ali Khamenei.
For the first time in 47 years, the Islamic Republic of Iran is leaderless. Ayatollah Ali Khamenei — the regime’s 86-year-old supreme dictator —...
Hundreds rallied in cities across the US to celebrate Khamenei's death, but not everyone was rejoicing.
Iran has launched retaliatory strikes against targets across the Middle East after U.S.-Israeli strikes killed Iranian Supreme Leader Ayatollah Ali Kh...
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