**Trump has repeatedly signaled openness to a direct conversation with Iran’s Supreme Leader Mojtaba Khamenei as part of any broader diplomatic resolution, stating in June 2026 that the two sides were “getting along quite well” and that a meeting was possible “depending on how it all works out” if a deal materialized.** Mojtaba assumed the role after his father Ali Khamenei was killed in the February 28, 2026 US-Israeli strikes that also severely injured him; he has remained out of public view, communicating primarily through written statements and intermediaries. Iranian officials, including senior adviser Mohsen Rezaei and Foreign Minister Abbas Araghchi, quickly rejected the prospect of a meeting, describing it as unrealistic and stating it “will not happen.” A June 18 memorandum of understanding aimed at ending hostilities collapsed amid renewed accusations of violations and strikes by mid-July, further cooling prospects for high-level personal diplomacy. Trump has since described Mojtaba as badly wounded and questioned aspects of his leadership, while US intelligence reportedly indicated the late Ali Khamenei had reservations about his son’s suitability. These factors—combined with Mojtaba’s seclusion and Tehran’s consistent stance against direct engagement with Trump—shape trader assessments of the low likelihood of a verified conversation by the market’s resolution date.