So here's a tense geopolitical development: Israel's Defense Minister Israel Katz said on Tuesday that Iran's security chief Ali Larijani was killed in an Israeli strike.

In a statement reported by Al Jazeera, Katz said he was "just informed" of the top Iranian security official's death following Israeli strikes overnight. Think of it as the kind of news that makes markets twitchy—when major geopolitical players make moves like this, everyone pays attention.

Now, the important caveat: There has been no confirmation from Iran. So we're in that awkward phase where one side is making a claim and the other hasn't said anything yet.

For context, Larijani was appointed in August last year by President Masoud Pezeshkian as secretary of the SNSC and as the representative of Iran's late Supreme Leader, Ayatollah Ali Khamenei, to the council. That's a significant security position, which makes this claim particularly notable.

(This is a developing story…)