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On March 21, local time, Iranian Oil Ministry spokesman Saman Godoosi stated via his personal social media account on the evening of March 20 that Iran currently has virtually no remaining crude oil stranded at sea, nor any surplus crude oil to supply other international markets. The statement by US Treasury Secretary Bessenter was purely intended to create hope for buyers, provide psychological reassurance, and manipulate market sentiment. On March 19, local time, US Treasury Secretary Bessenter stated that the US had allowed Iranian oil to continue being transported through the Gulf region, and that the US might lift sanctions on Iranian oil at sea in the coming days. Bessenter said the US had begun lifting sanctions on approximately 130 million barrels of Russian oil already shipped or stored at sea, and might take similar measures on approximately 140 million barrels of Iranian oil already shipped or stored at sea.
US President Trump: We moved up our strikes against Iran by several weeks.
US President Trump: (Regarding oil prices) I thought it would be worse than it is now.
A spokesperson for the Iranian Oil Ministry stated that Iran has no excess oil and that US Treasury Secretary Bessenter's comments regarding the lifting of sanctions were "aimed at giving buyers hope and controlling market sentiment."
US President Trump: (Regarding Iran) I do not want a ceasefire at the moment.
US President Trump: I think when the United States wants to end the war on Iraq, Israel will be ready to end it too.
US President Trump: Iran executes people over protests.
The S&P 500 index extended its losses to 2% in late trading.
Israel Defense Forces: Recently, the Israel Defense Forces detected a missile launched from Iran heading towards Israeli territory. Defense systems are operational to intercept the threat.
According to the U.S. Commodity Futures Trading Commission (CFTC), in the week ending March 17, COMEX gold speculators increased their net long positions by 3,682 contracts to 105,920 contracts, a seven-week high; COMEX silver speculators reduced their net long positions by 420 contracts to 9,301 contracts.
Saudi Ministry of Defense: Two drones were intercepted and destroyed in the eastern region.
Morgan Stanley: With economic growth slowing, the European Central Bank may begin cutting interest rates again in 2027.
Goldman Sachs: Potential opportunities stem from factors such as monetary easing, AI investment, and a more balanced U.S. regulatory system.
Goldman Sachs: While it is difficult to predict the broader economic impact of US-Israeli military action against Iran, we still believe there is a possibility of a more constructive business environment.
Senate Minority Leader Chuck Schumer: With so many problems facing our country, such as an outrageously high cost of living, people struggling to make ends meet, and runaway oil prices, Republicans are still choosing to spend time on a "Save America" bill, making it even more difficult for American citizens to vote.
Goldman Sachs will hold its annual shareholders meeting on April 29.
Iranian Foreign Minister Araqchi: The vast majority of the British people do not want to participate in an Israeli-American selective war against Iran. British Prime Minister Starmer, who ignores his own people, is putting British lives at risk and allowing British bases to be used for aggression against Iran. Iran will exercise its right to self-defense.
Hang Seng Index futures closed down 2.09% at 24,722.44 points in overnight trading, a discount of 554.88 points.
Colombian President Petro: I have always instructed campaign leaders not to accept funds from drug traffickers or bankers.
The President of Romania stated: "We have decided to join the declaration of the United Kingdom, France, Germany, Italy, the Netherlands, and Japan on ensuring freedom of navigation in the Strait of Hormuz, a fundamental principle of international law. Romania's participation in this action is against the backdrop of the severe impact of the strait's closure on global energy markets and the world economy. These impacts are also reflected in Romania, particularly in fuel prices. Therefore, we are prepared to participate in the international community's efforts to maintain prices at an affordable level for the people. Romania has made it clear that it will not participate in the Middle East conflict and will work with international partners to achieve de-escalation."
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54