EUR/USD
1.15920
-0.155%
Gold
5188.18
-0.071%
Oil
84.665
-0.671%
USD/JPY
158.516
0.302%
GBP/USD
1.34311
0.105%
GBP/JPY
212.909
0.453%
Real-time News
On March 11, local time, Fadavi, deputy commander of the Iranian Islamic Revolutionary Guard Corps, stated that there are currently no US ships within 700 kilometers of Iranian waters. He claimed that the US Navy has "fled" the area because the US is aware that Iran has developed a special operational plan to target and sink its aircraft carrier. Furthermore, Fadavi warned the US that it must consider the possibility of becoming bogged down in a protracted war of attrition, which could lead to the complete collapse of the US and even the global economy. Fadavi also stated that Iranian armed forces shot down a US F-15 fighter jet south of Tehran.On March 11, the International Energy Agency (IEA) announced it would release 400 million barrels of oil from its emergency reserves to the market. The IEA stated that the situation in the Middle East has posed a "significant and escalating risk" to the oil market. These reserves will come from the mandatory reserves of IEA member countries. According to regulations, member countries must hold stocks equivalent to at least 90 days of net imports from the previous year. Reserves can be in the form of crude oil, refined products, or a combination of both. The latest IEA data shows that North Americas strategic reserves are primarily crude oil, while European and Asian member countries hold both crude oil and refined products. As of the end of 2025, the total amount of oil in IEA member countries public stocks will be 1.25 billion barrels, accounting for approximately 30% of the OECDs total oil stocks. This is the sixth time the IEA has issued an emergency reserve release order since its establishment in 1974.Gazprom: All attacks have been repelled.Gazprom: Drones attacked Russian gas pumping stations.Polish Central Bank Governor Grapinski: Poland has 570 tons of gold reserves.
