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Politics And The Markets 05/11/26

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Iran’s new supreme leader, Mojtaba Khamenei, who has not been seen or heard publicly since the war began, “issued new and decisive directives for the continuation of operations and the powerful confrontation with the enemies” while meeting with the head of the joint military command, the state broadcaster reported, with no details.

In April 2026, exports reached a record high of $359.44 billion, up 14.1% year-on-year, exceeding forecasts and showing a strong rebound after a weak growth of 2.5% in March. For the first four months of the year, total exports still grew 14.5% year-on-year to USD 1.34 trillion. However, during the period, sales to the US dropped 10.2%.

Meanwhile, Israeli Prime Minister Netanyahu warned in a 60 Minutes interview that the war is “not over… There are still enrichment sites that have to be dismantled, there are proxies that Iran supports, there are ballistic missiles that they still want to produce… there’s work to be done.”

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