Iranian President Masoud Pezeshkian called for compensation at COP31 for environmental damage allegedly caused by US and Israeli military strikes. He also urged the creation of international mechanisms to address such destruction, as current climate agreements do not specifically cover environmental damage caused by military operations. Strikes reportedly targeted energy infrastructure and led to oil leaks, while Iran has been involved in shipping-related attacks in the Strait of Hormuz. On prediction markets, the probability of Pezeshkian leaving office by the end of the year rose from 6% to 6.5%, while the reactions of Mojtaba Khamenei, Ali Khamenei and the Islamic Revolutionary Guard Corps are being monitored.
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