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Iran's Supreme Leader issues first statement, will not abandon retaliation, Strait of Hormuz will remain closed! Demonstrating a hardline stance.
Following the announcement, crude oil surged again, breaking through the $100 per barrel mark once more! Iran has already sent a message to the US today, prepared to welcome oil prices of $200/barrel.
For the A-share market, there are currently two competing logics at play—as oil prices rise, oil & gas, chemicals, energy (including new energy), and coal sectors perform well, while tech stocks and growth stocks get hammered. Not sure if Trump will speak later, let's see how he suppresses oil prices.$BTC $XBRUSD