Iran’s new Supreme Leader Mojtaba Khamenei defied U.S. President Donald Trump’s warnings and vowed to keep the Strait of Hormuz closed amid global trade disruption and surging oil prices. “The leverage of blocking the Strait of Hormuz must continue to be used,” said Khamenei Thursday, in his first public statement since succeeding his father. His remarks were broadcast via state media, but Khamenei did not appear on camera. As well as encouraging the disruption of the Strait, a narrow passage

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