Iranian MP claims US-Israeli strike killed ex-security chief Larijani

An Iranian member of parliament has alleged that Ali Larijani, former secretary of Iran’s Supreme National Security Council, was killed in US and Israeli strikes after his location was exposed by a phone call made by his son. Esmail Kowsari, a member of the National Security Committee, made the claims to the online newspaper Faraz, suggesting Larijani’s son Morteza inadvertently revealed his father’s location by calling someone involved in the strikes. Larijani’s family has denied this account, maintaining that the circumstances around his death are inaccurately reported. The allegation, if verified, would mark a significant escalation in the ongoing Iran-Israel conflict, particularly with US involvement. However, the claim’s credibility is undercut by the family’s denial and the source’s tier. Such a scenario could imply intelligence-enabled targeting, elevating tensions in the region. Currently, markets appear to be reacting cautiously, as the pricing on the “fall of the Iranian regime” market shows only a slight increase in the likelihood of regime instability. Key Takeaways Markets suggest a slight increase in perceived instability within the Iranian regime, consistent with hei...