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U.S. Treasury Secretary Bessenter: Whether it's Russian oil, Iranian oil, or the largest strategic petroleum reserve (SPR) release program in history implemented by a coalition of 32 countries—it all ensures this.
U.S. Treasury Secretary Bessenter: Essentially, we are using “soft power” against the Iranians – that is, using their own oil to counter them.
US Treasury Secretary Bessant: What will happen next on Kharg Island? Let's wait and see. Furthermore, I must point out that the Iranian regime's command and control system is currently in chaos.
On March 22, Russian Presidential Press Secretary Dmitry Peskov stated that the assassination of Iranian leaders "has and will continue to have extremely serious consequences." In an interview that day, Peskov said that the ultimate goal of the current war against Iran is to overthrow the Iranian regime, "but each such action has strengthened the Iranian people's unity in supporting their leadership." The United States and Israel launched a large-scale military operation against Iran on February 28, killing then-Supreme Leader Ayatollah Khamenei and several high-ranking military and political officials in airstrikes. Israeli Defense Minister Katz stated that Qassem Larijani, secretary of Iran's Supreme National Security Council, and Qassem Soleimani, commander of the Iranian Organization to Mobilize the Poor, were killed in an Israeli attack on March 16, and Iranian Intelligence Minister Esmail Khatib was killed in an Israeli attack on March 17. Katz stated on March 18 that the Israeli military had been authorized to assassinate any Iranian official without further approval.
On March 22, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), met with Jürgen Obomü, Chairman of the Board of Management of Volkswagen Group, at the NDRC headquarters. The two sides exchanged views on topics such as China's 15th Five-Year Plan, the macroeconomic situation, high-level opening up, and Volkswagen's development in China.
Market news: U.S. Treasury Secretary Bessenter stated that there is an ample supply of oil.
Market news: U.S. Treasury Secretary Bessant said the strikes on the Hormuz Island fortifications will not stop.
Market news: US Treasury Secretary Bessant said that "50 days" of high oil prices could be exchanged for "50 years of Iran's denuclearization".
Market news: The defense ministers of Japan and Germany discussed a potential new agreement to deepen their relationship.
Market news: Iran launched a missile at Israel.
The Israeli military says that since the start of the war, Iran has launched more than 400 ballistic missiles at Israel, 92% of which have been intercepted.
On March 22, local time, Israeli Prime Minister Benjamin Netanyahu stated in the southern city of Arad that Israel is responding to Iranian attacks, but not targeting civilians. Netanyahu indicated that Israel's targets are the current Iranian regime and the Islamic Revolutionary Guard Corps (IRGC), and the Israeli military will directly strike the IRGC's leaders, as well as their infrastructure and economic assets.
On March 22, He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with a delegation from the US-China Business Council in Beijing. He Lifeng stated that the China-US relationship is the most important bilateral relationship in the world today. He expressed hope that the US-China Business Council would continue to play its role as a bridge, promoting friendly exchanges and the steady and healthy development of China-US economic and trade relations. He also hoped that American companies would fully seize the opportunities presented by China's development, make good use of the potential of the Chinese market, and inject more stability and positive energy into China-US economic and trade relations.
On March 22, Australian Climate Change and Energy Minister Chris Bowen announced that six fuel ships scheduled to arrive in Australia next month have had their voyages cancelled or postponed due to the Middle East conflict. In an interview with the Australian Broadcasting Corporation (ABC), Bowen stated that the six ships, originating from Malaysia, Singapore, and South Korea, were originally scheduled to arrive next month. He said that against the backdrop of the Middle East conflict, Australia's fuel supply will experience "some fluctuations," and the government will "work with refiners and importers to mitigate the impact as much as possible." Bowen also stated that Australia's current fuel reserves are slightly higher than pre-crisis levels, with gasoline reserves estimated at approximately 38 days and diesel and jet fuel reserves at approximately 30 days. Bowen ruled out the possibility of implementing fuel rationing measures in the short term.
Israeli Prime Minister Netanyahu: It's time to get other world leaders into our war.
Israeli Prime Minister Netanyahu: US President Trump wants the international community to confront the Iranian regime.
EU officials: EU High Representative for Foreign Affairs and Security Policy Karas spoke by phone with Iranian Foreign Minister Araqchi on Sunday.
On March 22, local time, Pavlo Palisa, Deputy Chief of Staff of the Ukrainian Presidential Office, stated that a delegation led by Pierre Vandiye, Supreme Commander of NATO's Allied Transformation Command, made its first visit to Ukraine since the outbreak of the Russia-Ukraine conflict. Palisa said that the two sides specifically discussed the participation of Ukrainian soldiers as the opposing force (Red Team) in future NATO exercises. In addition, they also separately discussed the future of the NATO-Ukraine Joint Analysis, Training and Education Center (JATEC).
Zhaojin Mining (01818.HK): For the year ended December 31, 2025, the Group’s revenue was approximately RMB18.056 billion, representing an increase of approximately 56.32% compared to the previous year. Net profit was approximately RMB4.44 billion, representing an increase of approximately 139.81% compared to the previous year. The Board recommends a cash dividend of RMB0.1 per share (before tax) to all shareholders.
Ukrainian President Volodymyr Zelenskyy stated that Russia is profiting from oil sales after the United States eased sanctions.
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