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Iran Threatens Asset Seizures Amid Rising Oil Prices

3/9/2026

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Story summary
  • Tehran warns it will seize assets of Iranian nationals abroad who support the United States and Israel.
  • Mojtaba Khamenei has been appointed as Ayatollah Ali Khamenei's successor, reinforcing the regime's hardline stance since 1979.
  • Now in its 10th day, the conflict disrupts the Strait of Hormuz and pushes oil prices above $100 per barrel.
  • G7 finance ministers met to discuss rising prices and potential emergency oil stock releases.