Real-time News

According to Shana, the official news agency of Iran's Ministry of Oil, the South Pars gas field, shared with Qatar, will produce a record 730 million cubic meters of natural gas per day in 2025.

A spokesperson for the Russian Foreign Ministry stated regarding the situation in the Middle East: "This threatens global energy security."

U.S. Trade Representative Greer: We will discuss rules of origin with Mexico.

A petrochemical facility in South Pars, Iran, was attacked.

The “EU Inc.” program aims to enable new businesses to register online and complete the process within 48 hours.

U.S. Trade Representative Greer: Bilateral trade negotiations are expected with the EU, Malaysia, and India.

The China Earthquake Networks Center officially determined that a magnitude 3.0 earthquake occurred at 19:18 on March 18 in Dujiangyan City, Chengdu, Sichuan Province (31.24 degrees north latitude, 103.61 degrees east longitude), with a focal depth of 14 kilometers.

On March 18th, Salman Ahmed of Fidelity International stated in a webinar that short-term oil demand is extremely inelastic, and prices are likely to remain high in the short term. However, central banks worldwide still have time to address the impact of the Middle East conflict. His core view is that oil prices will remain in the $90-$120 range, despite the risk of further surges. This could provide a reason for central banks to remain on the sidelines. Iran's effective blockade of the Strait of Hormuz has already caused oil prices to surge by approximately $100.

German Foreign Minister Waldfol: I believe Europe will play a significant role in both the wars in Iran and Ukraine.

German Foreign Minister Waldfol: My impression from Washington is that Ukraine has broad support.

The Israel Defense Forces have detected a ballistic missile attack originating from Iran. Alarms are expected to sound soon in northern Israel.

Green Party leader Polanski: Britain needs to "break free from the vicious cycle in the bond market".

New York gold futures fell 1.00% on the day, currently trading at $4,958.10 per ounce.

The MBA 30-year fixed mortgage rate in the United States was 6.3% for the week ending March 13, compared with 6.19% previously.

On March 18th, Yu Wenzhou, Chief Physician of the Chinese Center for Disease Control and Prevention, stated that since mid-to-late February, all provinces have begun procuring HPV vaccines and have been gradually implementing free vaccination programs. Currently, routine vaccination sites have HPV vaccines available. Girls aged 13 and above can receive the HPV vaccine at nearby community health service centers, township health centers, or temporary vaccination sites at schools, according to the arrangements made by disease control departments and schools.

EU guidance: If authorized liquefied natural gas (LNG) freight is diverted due to the closure of the Strait of Hormuz, the relevant companies do not need to apply for new authorization licenses.

EU guidance: Customs authorities may allow the use of the same set of documents to cover multiple deliveries under the same gas supply contract.

EU guidance: Member states should not require additional documentation for non-Russian gas shipments beyond what is explicitly stated in the EU's ban on Russian gas.

EU guidance: Customs authorities should approve imports of non-Russian natural gas within 12-24 hours.

The European Commission has issued guidelines to simplify the pre-authorization rules for imports of non-Russian natural gas.