Bangladesh, March 5 -- In the wake of the recent assassination of Irans supreme leader Ayatollah Ali Khamenei, a question uppermost in the mind across the world strategic community goes as to what in store is for the Persian state. One finds the scenario thereof is highly obscure at the present stage.

History bears out Khamenei happened to be a co-architect with Ayatollah Ruhollah Khamenei, the leader of the so-called Islamic revolution of 1979 in Iran. He had played a crucial role in institutionalizing the current Islamist regime. Since Khomeinis death in 1989, he had come to rule the country with an iron hand. All elements of the current Islamic regime—its so-called elected government, its clerical judiciary, guardian council and...