Thursday, 23 May 2024

Indian export of refined fuels on the decline

Use of crude oil vessels to ship refined fuels such as diesel to key European markets by Indian refiners has declined in May after volumes neared two-year high levels last month.

That is because of rising inventories in the Antwerp-Rotterdam-Amsterdam region and shaky east-west diesel price spreads undermining the case for sellers to ship large volumes of the industrial fuel to West.

While higher April shipments from India to Europe provided a floor for Asian margins, fewer such voyages in May will likely compel Indian refiners to shift diesel sales back to Asia, exacerbating a supply glut in the region, analysts and traders said.

Diesel exports using Suezmax and Aframax vessels Mesta, Pertamina Halmahera and Marlin Santorini - mostly from Reliance Industries' Jamnagar refinery - reached a near two-year high of around 380,000 metric tons (2.831 million barrels) in April, Kpler, Vortexa and LSEG shiptracking data showed.

Shiptracker Kpler in February estimated a switch by 35 Aframax crude tankers to carry refined products instead of crude.

Traders switched to using Suezmax and Aframax tankers - that typically load so-called "dirty" crude oil and residue fuel - for carrying "clean" refined products after freight rates for long-range (LR) tankers spiked following Houthi attacks on ships in the Red Sea that forced longer voyages and tightened vessel availability.

"At the time it was a reflection of how tight the LR1 and LR2 clean product tanker market was given the additional tonne miles vessels were having to do to avoid the Red Sea, and the lack of available prompt tonnage to book because ships were massively displaced given the additional sail times," said Wood Mackenzie's research analyst Emma Howsham.

The crude oil market was also weaker, as refinery maintenance in the United States and Middle East dented demand for dirty vessels, making it attractive to ship diesel using them, she added.

The cost for shipping 65,000 tons of fuel on a LR1 tanker averaged US$75 per ton in March and April from India to northwest Europe as compared to US$60 a ton in February, pricing data from SSY Tanker showed.

Even after the cost for scrubbing and cleaning a vessel to load ultra-low sulphur diesel, that was still nearly twice the cost for shipping up to 130,000 tons of fuel on a Suezmax vessel on a similar route, traders said.

Traders have been among the biggest shippers of Indian-origin diesel, and they have the option for several discharge destinations and thus have room to ship using bigger vessels, one Europe-based trade source said.

The trend has abated for May with no dirty tankers carrying diesel on the India-northwest Europe route, shiptracking data showed, as analysts expect Europe's supply to be long.

The economics for Indian refiners to supply to Europe via the Cape of Good Hope looks challenging as "European supply looks ample in the coming months", said Woodmac's Howsham.

 

Tuesday, 21 May 2024

Rafah: Food distribution suspended

The United Nations said it has suspended food distribution in the southern Gaza city of Rafah, where more than a million Palestinians are sheltering.

A spokesperson for the UN's World Food Program (WFP) announced that food aid would halt in Rafah because of a lack of supplies and insecurity, according to The Associated Press.

Writing on X, the WFP wrote that the rest of Gaza was also at risk. "Our stocks are fast running out without continued access."

Palestinians are struggling to access basic necessities in Gaza as Israel carries out its war against Hamas.

Israeli troops seized a border crossing that had facilitated supply deliveries in Rafah earlier this month, and Israel now controls every aid checkpoint. Humanitarian aid groups have accused Israel of impeding aid efforts.

Israeli Prime Minister Benjamin Netanyahu told CNN on Tuesday that Israel has been trying to get aid into Gaza but Hamas has been "looting" it.

"They were taking it for themselves or extorting the population. We were letting the aid in from the start," Netanyahu said. "We're getting hundreds of trucks every day in."

A State Department review earlier this month said the US has "deep concerns" about Israel potentially impeding aid into Gaza, though it did not reach a conclusion on the matter. It also found the country is taking steps to improve the situation, even if still inadequate.

To address the crisis, the US military constructed a pier that connects to a beach in Gaza. It allows aid coming from the island nation of Cyprus to reach Gaza through a maritime corridor.

But for the past two days, no aid has gotten into Gaza from the pier area, U.N. officials told Reuters.

Pentagon Press Secretary Maj. Gen. Pat Ryder said more than 569 metric tons of humanitarian assistance has been delivered through the pier, though that means it has arrived for distribution and not all of it has been delivered yet.

Noting the difficulties, Ryder said there are discussions to find alternative routes for the safe movement of staff and cargo from the pier distribution area but said Gaza was a combat zone, complicating distribution. 

"We've been very clear from the beginning that we are going to take a crawl-walk approach to make sure that we are implementing this system in a way where we're working out the processes, the procedures," he said.

"You're going to see as we work together the amount of aid increase and the ability to get it distributed increase."

 

World leaders send condolence messages to Iran

Leaders from around the world have expressed condolences and shock at the tragic deaths of President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and seven others in a helicopter crash in Iran's remote northwest.

They are offering their sympathies to the Iranian government and people over the incident that happened on Sunday afternoon with many taking to social media to pay tribute to the deceased officials. 

Russia: Vladimir Putin 

Putin extended his “deep condolences” to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei, calling the deaths of Raisi and other officials a “huge tragedy” and “a difficult, irreparable loss.”

Putin said Raisi was “an outstanding politician whose entire life was devoted to serving the Motherland.”

“He rightfully enjoyed high respect from his compatriots and significant authority abroad. As a true friend of Russia, he made an invaluable personal contribution to the development of good neighborly relations between our countries and made great efforts to bring them to the level of strategic partnership,” the Russian president said.

Putin said he had met Raisi several times and “will forever retain the fondest memory of this wonderful man.”

Putin spoke to Iran’s interim President Mohammad Mokhber. The two leaders stressed their “mutual intention to further strengthen Russian-Iranian interaction”.

Russian Deputy Foreign Minister Sergey Ryabkov also said Moscow will continue to deepen its relationship with Iran and previous agreements with Tehran will be implemented.

China: Xi Jinping

Chinese President Xi Jinping expressed deep condolences over the death of Iran’s president. 

“His unfortunate death is a huge loss to the Iranian people, and also caused China to lose a good friend,” said Foreign Ministry spokesperson Wang Wenbin at a daily news briefing, quoting President Xi.

The Chinese president praised Raisi’s “important contributions to safeguarding Iran’s security and stability” and for “positive efforts” on Beijing-Tehran relations.

Palestine: Mahmoud Abbas

Palestinian President Mahmoud Abbas extended the deepest condolences to the government and people of Iran on the death of the Iranian president and other officials. 

“We extend our sincere condolences and sympathy to the brotherly Iranian people on the death of the late President Ebrahim Raisi and the Minister of Foreign Affairs, praying to God Almighty may have mercy on the deceased Iranian President, and grant their families patience and solace, stressing the solidarity of the State of Palestine and its people with the Iranian leadership and people in this great affliction," President Abbas said. 

Gaza: Hamas

Hamas issued a statement mourning the deaths of Iran’s president and foreign minister.

The resistance group said the helicopter crash “claimed the lives of a group of the best Iranian leaders,” praising their “honorable positions in support of our Palestinian cause, and support for the legitimate struggle of our people against the Zionist entity,”.

The statement added, “We are confident that the Islamic Republic of Iran will be able — God willing — to overcome the repercussions of this great loss. The dear Iranian people have ancient institutions capable of dealing with this severe ordeal.” 

Islamic Jihad

The Islamic Jihad also called the deaths of Raisi and Amir Abdollahian “a great loss for the Palestinian people in these difficult circumstances, as they had a prominent and clear role in supporting and assisting the Palestinian people’s struggle and resistance”.

Syria and Lebanon

Lebanon and Syria on Monday announced three days of national mourning for the passing of the Iranian president and foreign minister.

"I can't tell you how sorry I am about this incident that happened. Especially that the foreign minister had become a friend," Lebanon's Foreign Minister Abdallah Bou Habib told reporters on Monday.

Syrian President Bashar al-Assad also expressed solidarity with Iran. 

“We worked with the late president (Raisi) to ensure that the strategic relations between Syria and Iran remain prosperous always, and we will always remember his visit to Syria as an important milestone in this path, and all the visions and ideas that he presented to enrich relations with everything that benefits the Syrian and Iranian peoples,” Assad’s office said in a statement.

Hezbollah calls Raisi protector of resistance and defender of Arab issues

The Lebanese resistance movement Hezbollah mourned the deaths of the Iranian president and foreign minister.

Hezbollah described Raisi as “a big brother to us, a strong supporter, and a staunch defender of our issues and the Arab nations’ issues, most notably Jerusalem and Palestine, and a protector of the resistance movements and those fighting on their behalf in all the positions of responsibility he held.”

Iraq: al-Sudani

Iraqi Prime Minister Mohammed Shia al-Sudani expressed “great sadness and great sorrow” in a statement over the deaths of Raisi and others in the helicopter crash.

He also extended “sincere condolences” to the Leader of the Islamic Revolution and government and “solidarity with the brotherly Iranian people.”

Iraq’s Popular Mobilization Forces, or Hashed al-Shaabi, also expressed their sympathies, adding that Raisi had “always declared that Iraq and Iran are one people that cannot be separated.”

Iraq's top cleric Ayatollah Sistani offered condolences to Iran over the martyrdom of President Raeisi and his companions.

“We received the news of the death of Seyed Ebrahim Raisi, the president of Iran, and his companions with deep sorrow,” Grand Ayatollah Ali al-Sistani said. 

"I offer my condolences to the nation and government of Iran, especially the families of the deceased, and wish them patience," Ayatollah al-Sistani added.

Ansarullah

Yemen’s Ansarullah movement mourned the death of Raisi and other senior officials in the helicopter crash.

“Our deepest condolences to the Iranian people and the Iranian leadership and to the families of the president and the accompanying delegation,” Mohamed Ali al-Houthi, the head of the Ansarullah’s Supreme Revolutionary Committees said.

“The Iranian people will continue to have leaders loyal to their people, God willing,” he added. 

Pakistan: Shehbaz

Pakistan’s Prime Minister Shehbaz Sharif has announced a day of mourning over Raisi’s death.

“I along with the government and people of Pakistan extend our deepest condolences and sympathies to the Iranian nation on this terrible loss. May the martyred souls rest in heavenly peace. The great Iranian nation will overcome this tragedy with customary courage,” Sharif wrote on X.

Sharif, who recently hosted Raisi and Amir Abdollahian when they visited Pakistan, said, “They were good friends of Pakistan.”

Pakistan: Zardari

Pakistan’s President Asif Ali Zardari in a statement also expressed shock and sorrow over Raisi’s death. He extended his condolences to the bereaved families of the Iranian president, the foreign minister and others who died in the accident.

Jamia Al-Azhar

In a statement, the Al-Azhar al-Sharif, the Sunni world’s foremost seat of religious learning, mourned the death of President Raisi, Amir Abdollahian and others who were killed in the helicopter crash.

Sheikh Ahmed el-Tayeb, the grand imam of Cairo-based Al-Azhar, extended his condolences to the Iranian people and the families of the dead officials.

Al-Azhar is a prestigious religious institution across the Muslim world. A 1,000-year-old university of scholar-clerics, it teaches new generations of Sunni clerics and produces research that for many spells out what being a Muslim entails.

Egypt: Sisi 

Egypt's president extended his condolences for the deaths of Raisi and Amir Abdollahian. 
"Egypt mourns, with great sadness and grief" the Iranian president and Tehran's top diplomat, "who passed away on Sunday following a painful accident," the presidency said in a statement.
Sisi also extended "his sincere condolences and sympathy" to the Iranian people. He expressed Cairo's "solidarity with the leadership and people of Iran in this terrible loss."

IAEA

The head of the International Atomic Energy Agency called at a conference on nuclear security in Vienna for a minute of silence in memory of the Iranian president, foreign minister and the other victims of the helicopter crash. 
“I extend my condolences on [their] tragic passing,” Rafael Mariano Grossi wrote on X on Monday. “Our thoughts are with their families and the people of Iran during this difficult time.”

Afghanistan: Akhund

In Afghanistan, Taliban said it was deeply saddened by the deaths of the Iranian president and foreign minister. 

“We share our grief with the Islamic Republic of Iran and the people of that country and offer our condolences to all the families of the victims, the nation and the government of Iran,” the Taliban prime minister, Mullah Mohammad Hassan Akhund, said in a statement.

Turkey: Erdogan

Turkish President Recep Tayyip Erdogan conveyed his condolences to the Iranian people and government over the deaths of Raisi, Amir Abdollahian and other officials in the helicopter crash.

Erdogan said in a statement posted on X that he remembers Raisi “with respect and gratitude” and praised his “efforts for the peace of the Iranian people and our region during his time in office.”

Azerbaijan: Aliyev 

Azerbaijan’s President Ilham Aliyev extended condolences to Iran’s Leader, saying in a statement that he and his government were “deeply shocked by the heavy loss that befell the brotherly and friendly Islamic Republic of Iran and its people.”

Aliyev said, “The people of Iran have lost an outstanding statesman who served his country selflessly and faithfully all his life. The bright memory of him will always live in our hearts.” 

India: Modi 

Indian Prime Minister Narendra Modi said he was deeply saddened and shocked by the news of Raisi’s death, and sent his condolences to the president’s family and the people of Iran.

“India stands with Iran in this time of sorrow,” Modi said in a post on X as his country also announced a day of national mourning over the death of the Iranian president and foreign minister.

Malaysia: Ibrahim

Malaysian Prime Minister Anwar Ibrahim said he was "deeply saddened" by the death of the Iranian president and other officials in the helicopter crash, noting their shared commitment to bolstering ties.
"I am deeply saddened by the tragic deaths of President Ebrahim Raisi, Foreign Minister Hossein Amir Abdollahian and several other officials of the Islamic Republic of Iran," he said in a statement on social media.

Vietnam: Xuan 

 Acting State President of the Socialist Republic of Vietnam Vo Thi Anh Xuan, Prime Minister Pham Minh Chinh and President of the National Assembly Tran Thanh Man, are grieved to learn about the passing of President Ebrahim Raisi, Minister of Foreign Affairs Hossein Amir Abdollahian and other members of the entourage. They extended their deepest condolences to the interim President of Iran, Mohammad Mokhber, Parliament speaker Mohammad Baqer Qalibaf, and through them, to Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei; the government and people of Iran. 

Qatar: Al Thani

The Emir of Qatar offered condolences to the government and people of Iran on the death of Raisi and other officials who lost their lives in the copter crash. 

"I offer my condolences to the government and people of the Islamic Republic of Iran on the death of President Ebrahim Raeisi and the Iranian Foreign Minister Hossein Amir Abdollahian, and the accompanying officials in the painful incident of the helicopter crash," Tamim bin Hamad Al Thani wrote.

UAE: Al Nahyan

In the UAE, President Sheikh Mohamed bin Zayed Al Nahyan expressed condolences to the Iranian government and people following the death of Raisi and Amir Abdollahian.
On his X account, Sheikh Mohamed tweeted: “I extend my deepest condolences to the Iranian government and people over the passing of President Ebrahim Raisi, Foreign Minister Hossein Amir Abdollahian, and those accompanying them following a tragic accident.

“We pray that God grants them eternal rest and we extend our heartfelt sympathies to their families. The UAE stands in solidarity with Iran at this difficult time.”

Saudi Arabia: Mohammed bin Salman

King Salman and Crown Prince Mohammed bin Salman, the kingdom's de facto ruler, "offer their condolences to his Excellency, the acting head of the executive authority, Mohammad Mokhber, on the death of His Excellency Ebrahim Raisi, president of the Islamic Republic of Iran, and his companions," said a statement carried by the official Saudi Press Agency.

Jordan: Abdullah 

The King of Jordan conveyed his country’s condolences over the passing of Iranian officials in the helicopter crash. 

"My deepest condolences to the brothers, leadership, government, and people of the Islamic Republic of Iran on the death of Brother President Ebrahim Raisi, Foreign Minister Brother Hossein Amir Abdollahian, and those accompanying them, may God have mercy on them all," Jordan’s King Abdullah II wrote in X account.

The King emphasized in his message that his country stands with the brothers in Iran in this difficult situation.

South Africa: Ramaphosa 

South Africa's President Cyril Ramaphosa, who recently invited Iran to join the BRICS group, expressed deep regret over the death of President Raisi.

"This is an extraordinary, unthinkable tragedy that has claimed a remarkable leader of a nation with whom South Africa enjoys strong bilateral relations," Ramaphosa said.

Ramaphosa visited Iran as deputy president in 2015 and in 2023 welcomed Raisi to a summit of the BRICS group in Johannesburg, where the Islamic Republic was formally invited to join.

European Union: Borrell

 European Union foreign policy chief Josep Borrell in a brief statement offered condolences for the deaths of Iran’s president and foreign minister and “other Iranian officials involved in the tragic helicopter crash.”

“The EU expresses its sympathies to the families of all the victims and to the Iranian citizens affected,” the statement said.
The European Council president also sent a message. 

“The EU expresses its sincere condolences for the death of President Raisi and Foreign Minister Abdollahian, as well as other members of their delegation and crew in a helicopter accident. Our thoughts go to the families,” Charles Michel wrote on X.

Switzerland: Cassis

“In light of the helicopter accident that claimed the lives of President Ebrahim Raisi, my counterpart FM @Amirabdolahian, and their accompanying delegations, I extend my condolences to the families of all the victims and to the Iranian citizens affected,” Ignazio Cassis said. 

France

"France offers its condolences to the Islamic Republic of Iran following the death of President Ebrahim Raisi, Foreign Minister Hossein Amir Abdollahian and those accompanying them," the foreign ministry said in a statement. It also expressed its "condolences to the families of the victims of this accident."

NATO: Daklallah

The NATO military alliance expressed condolences to Iran over the death of Raisi in a helicopter crash.

"Our condolences to the people of Iran for the death of President Raisi, Foreign Minister Amir Abdollahian, and others who perished in the helicopter crash," said NATO spokesperson Farah Daklallah on X.

WHO: Ghebreyesus

The World Health Organization has also expressed condolences over the tragic incident in Iran. 

 “We express our condolences to the people of #Iran and the families of the late President Ebrahim Raisi, Foreign Minister Hossein Amirabdollahian, and all those who lost their lives in the helicopter crash yesterday,” Tedros Adhanom Ghebreyesus, the WHO chief, wrote on X.

 

Pakistan: GDP grows at 2.09% in 3QFY24

National Accounts Committee (NAC) has released GDP estimates for 3QFY24 which have shown a growth of over 2.09% as compared to a decline of 0.42% recorded in 3QFY23. NAC has also released provisional numbers for full year FY24, suggesting growth rate of 2.38%, largely in line with market expectation of 2.5%.

Sector wise, in 3QFY24, agriculture has registered a growth of 3.94%, industry 3.84% and services 0.83%.

All the constituents of agriculture have contributed positively including important crops (up 2.89% due to wheat), other crops (up 1.14%), cotton ginning (up 61.75%) and livestock (up 4.20%).

Despite negative growth of construction industry (down 15.75%), industrial growth of +3.84% is attributable to mining & quarrying (up 0.63%), large-scale manufacturing (up 1.47%), and electricity, gas and water supply (up 37.3%).

The overall growth in services was positive 0.83% in 3QFY24 albeit having mixed trend in its constituents i.e. wholesale & retail trade (up 0.38%), transport & storage (up 0.91%), information & communication (down 5.92%), finance & insurance activities (down 7.11%), public administration & social security (down 6.38%) and education (10.38%).

NAC has revised upward the 1QFY24 and 2QFY24 GDP growth to 2.71% and 1.79% from earlier estimates of 2.50% and 1.0%, respectively.

This takes 9MFY24 average GDP growth to 2.2% which was in line with the market expectations and higher than Bloomberg survey of 1.8%.

State Bank of Pakistan (SBP) estimates that GDP growth for FY24 is in the range of 2-3% in its half year report released on May 14, 2024.

The IMF, in its country report in May 2024, projected a growth rate of 2.0% for FY24, and the World Bank, in its Apriel 2024 update, projected a GDP growth rate of 1.8% for FY24.

 

 

Monday, 20 May 2024

Pakistan mourns loss of great friend

President Asif Ali Zardari “expressed profound shock and sorrow over the tragic death” of his Iranian counterpart, Ebrahim Raisi.

In a statement issued by the president’s office, Zardari “emphasised that the Islamic World has lost a remarkable leader who always supported [the] Muslim cause and deeply felt the sufferings of the Muslims globally, particularly the Palestinian and Kashmiri people”.

“Today, Pakistan mourns the loss of a great friend. Just last month, we had the honour of hosting him in Pakistan. During our discussions, I found him very keen on strengthening our bilateral relations,” President Zardari said, recalling Raisi’s visit to Pakistan last month.

Highlighting that the Iranian president “always had a special place for Pakistan and its people”, Zardari said Raisi will be “dearly missed and fondly remembered in Iran, Pakistan, and the Islamic World for his efforts to enhance relations with regional and Islamic countries”.

Saudi Arabia pledges support for Iran

Saudi Arabia expressed grave concern over the media reports regarding the accident happened to a helicopter carrying Iran’s President Dr. Ebrahim Raisi and an accompanying delegation, including Foreign Minister Hossein Amir-Abdollahian. The Kingdom announced its readiness to provide any assistance that the Iranian agencies needed, the Ministry of Foreign Affairs said in a statement, carried by the Saudi Press Agency.

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan made a phone call on Monday with Iran’s Acting Foreign Minister Ali Bagheri Kani. During the call, Prince Faisal offered to Kani his deep condolences and sincere sympathy over the death of Iranian President Dr. Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and their accompanying delegation in a helicopter crash on Sunday. The minister expressed the Kingdom’s solidarity with the government and people of the Islamic Republic of Iran

“The government of Saudi Arabia is following with great concern what was circulated in the media regarding the helicopter carrying Iran’s President Dr. Ebrahim Raisi and an accompanying delegation. At a time when we supplicate God Almighty to safeguard the president and those accompanying him with His protection and care, we reaffirm that Saudi Arabia stands by the sisterly Islamic Republic of Iran in these difficult circumstances,” the ministry said.

A helicopter carrying Iran’s President Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian has been involved in an accident, the Iranian state media reported earlier. Reports say the helicopter - one of three travelling in a convoy - made a “hard landing” after it got into difficulties in heavy fog in the north of the country.

Iranian Interior Minister Ahmad Vahidi said rescuers were still trying to reach the site due to the difficult weather conditions. Raisi was heading to the city of Tabriz, in the north west of Iran, after returning from an Iran-Azerbaijan border area, according to local media.

 

 

West busy in character assassination of Raisi

Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history.

While government loyalists packed into mosques and squares to pray for Raisi and Foreign Minister Hossein Amir Abdollahian, both killed in a helicopter crash, most shops remained open and the authorities made little effort to interrupt ordinary life.

A year after Raisi's hardline government cracked down violently to end the biggest anti-establishment demonstrations since the 1979 revolution, opponents even posted furtive video online of people passing out sweets to celebrate his death.

Laila, a 21-year-old student in Tehran, told Reuters by phone that she was not saddened by Raisi's death, "because he ordered the crackdown on women for hijab."

"But I am sad because even with Raisi's death this regime will not change," she said.

Rights groups say hundreds of Iranians died in 2022-2023 demonstrations triggered by the death in custody of a young Iranian Kurdish woman arrested by morality police for violating the country's strict dress codes.

The authorities' handling of an array of political, social and economic crises have deepened the gap between the clerical rulers and society.

Supporters of the clerical establishment spoke admiringly of Raisi, a 63-year-old former hardline jurist elected in a tightly controlled vote in 2021.

"He was a hard working president. His legacy will endure as long as we are alive," said Mohammad Hossein Zarrabi, 28, a member of the volunteer Basij militia in the holy Shi'ite city of Qom.

But there was little of the emotional rhetoric that accompanied the deaths of publicly revered figures, like Qasem Soleimani, a senior commander of Iran's elite Revolutionary Guards killed by a US missile in 2020 in Iraq, whose funeral drew huge crowds of mourners, weeping with sorrow and rage.

For opponents of Iran's clerical rulers at home and in exile, Raisi has been a hate figure since the 1980s when he was blamed for playing a leading role as a jurist in the execution of dissidents. Iran has never acknowledged that mass executions took place; amnesty International says 5,000 Iranians, possibly more, were executed in the first decade after the revolution.

"I congratulate the families of the victims of the executions," internet user Soran Mansournia posted in an online forum debating the legacy of Raisi's death.

However, Narges, another user, lamented Raisi as having died "a martyr's death".

Many Iranians said they expected that Raisi's death would have little impact on how the country would be ruled, with the establishment likely to replace him with another figure with similarly hardline views.

"Who cares, one hardliner dies, another takes over and our misery continues," said Reza, 47, a shopkeeper in the central desert city of Yazd who did not give his full name fearing reprisals.

"We're too busy with economic and social issues to worry about such news."