#BreakingCryptoNews Mojtaba Khamenei was named Iran’s supreme leader. He will succeed his father, Ayatollah Ali Khamenei, who was assassinated by an American and Israeli strike on February 28th. Mr Khamenei’s elevation is the clearest sign yet that Iran’s regime is still functioning and defiant—he has close ties to the security services. His appointment was decided by the assembly of experts, 88 regime-approved clerics.
Oil prices surged past $110 a barrel, as supplies became stuck in the Gulf. Donald Trump called the rise a “very small price to pay”. Stocks tumbled across Asia on Monday. South Korea’s Kospi Index fell by more than 8%; Japan’s Topix by 5%. Asia will be hit disproportionately hard by the energy panic. American stock futures also dropped in early trading.$DEXE $ARIA