KEY POINTS
Khamenei said the Strait of Hormuz must stay closed and that all U.S. military bases in the Middle East should shut immediately, warning of further attacks.
It’s Khamenei’s first public comments since being appointed as Iran’s supreme leader on March 9.
Oil prices extended gains following the comments.
“China is not going electric,” their automobile industry says otherwise.
That’s what I told him. 50% of cars sold in China are electric.