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Real-time News
March 23rd - Lei Jun, during a live-streamed delivery of the new Xiaomi SU7 this morning, revealed that pre-orders for the new generation SU7 have exceeded 30,000 units. Test drives have officially begun at 492 stores in 143 cities nationwide. Lei Jun said that many people came to see the car over the weekend. From March 20th to 22nd, more than 50,000 people test drove the new generation Xiaomi SU7.March 23 – International Energy Agency Executive Director Fatih Birol said on Monday that more than 40 energy facilities in nine Middle Eastern countries have suffered “serious or very serious” damage due to the Middle East wars, which could lead to continued disruptions to global supply chains after the conflict ends. Birol stated that the damage means oil fields, refineries, and pipelines will need some time to return to operation.On March 23, Capital Economics analyst Gareth Lesser noted in a report that Asias reliance on imported energy makes it more vulnerable to prolonged periods of high oil prices compared to other regions. Historically, approximately 80% to 90% of energy traffic through the Strait of Hormuz has been destined for Asian markets. Asia has already experienced rising crude oil and refined product prices; since the start of the war, the Singapore diesel benchmark price has increased by about 140%. Sri Lanka, the Philippines, and Pakistan will be hit hardest because they heavily rely on energy imports from the Middle East and have limited fiscal space to mitigate the impact.March 23 - Two weekend polls showed that a majority of Japanese people oppose sending warships to the Middle East in response to the potential conflict with Iran. This comes after the United States has been pressuring its allies to help secure the Strait of Hormuz. A Yomiuri Shimbun poll showed 67% of respondents opposed sending Japanese Self-Defense Forces to the region, while an Annan News Agency poll showed 52%. The polls also indicated that Prime Minister Sanae Takaichis cabinet maintains high approval ratings at 71% and 65.2% respectively, with most people positively evaluating her meeting with Trump on March 19. Takaichi avoided a direct confrontation with Trump over Japans support for securing the strait, but Trump continues to pressure Japan to fulfill its responsibilities.Australian Prime Minister Albanese: Strengthening energy security cooperation with Singapore and supporting the flow of diesel and liquefied natural gas between the two countries.
