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On May 3, Qazem Gharibabadi, Iran's Deputy Foreign Minister in charge of legal and international affairs, met with ambassadors from various countries stationed in Tehran on Saturday to discuss what he called Iran's proposals to end the war and aggression launched by the US and Israel. Gharibabadi stated that Iran is fully prepared to defend itself against any attacks against its people, and that Tehran remains committed to diplomatic mediation based on national interests. He said that Iran has submitted a proposal through Pakistan as a mediator to permanently end this imposed war, and that the initiative now rests with the US, which must choose between a diplomatic path or a continued confrontational stance. He added that Iran is prepared for both scenarios to safeguard its national interests and security, while remaining pessimistic and distrustful of the US and its diplomatic sincerity.

On May 3, local time, the Ukrainian presidential website announced that President Zelenskyy had signed a presidential decree approving the National Security and Defense Council's decision to impose targeted sanctions on five individuals. The sanctions were reportedly imposed because the actions of these individuals threatened Ukraine's national interests, security, sovereignty, and territorial integrity. The five individuals targeted are a Ukrainian lawyer, a Ukrainian businessman, a Russian businessman, and two Russian sports promoters.

Iraq's Deputy Minister of Oil: Exports through Ceyhan amount to 200,000 barrels per day.

May 2nd - According to foreign media reports, a representative stated that major OPEC+ countries have reached a preliminary agreement on a small but symbolic increase in supply targets for June, marking the organization's first action since the unexpected withdrawal of the UAE. The representative said that seven countries, led by Saudi Arabia and Russia, will collectively increase production by 188,000 barrels per day next month, with the agreement to be finalized at a video conference on Sunday. Three representatives had already indicated last week that this was their expectation. Like the planned production increases this month, this increase remains largely symbolic, as OPEC cannot actually implement the increases unless the Strait of Hormuz reopens and Persian Gulf exports resume.

Japanese Prime Minister Sanae Takaichi: He held talks with General Secretary of the Communist Party of Vietnam To Lam and Prime Minister Le Minh Hung. Both sides confirmed that energy, key minerals, artificial intelligence, semiconductors, and space-related economic security areas will be new priorities for Japan-Vietnam cooperation, and will jointly promote related collaborations.

On May 2nd, during his speech at Berkshire Hathaway's annual shareholder meeting, Warren Buffett asked outgoing Apple (AAPL.O) CEO Tim Cook to stand and bow in acknowledgment. Buffett's gesture echoed Berkshire Hathaway's own transition from him to new CEO Greg Abel.

According to The Information, Anthropic is in talks with UK startup Fractile to purchase AI inference chips.

South Korean Foreign Minister: I expressed to the Iranian Foreign Minister that, considering the impact on global security and the economy, I hope that peace and stability in the region can be restored as soon as possible.

South Korean Foreign Minister: Tonight, at the request of the Iranian side, I had a telephone conversation with the Iranian Foreign Minister to exchange views on the situation in the Middle East.

Ukrainian President Volodymyr Zelensky: Yesterday, some rather unusual activity occurred in certain areas along the Ukraine-Belarus border—on the Belarusian side. We are closely monitoring everything and maintaining control of the situation. We will respond if necessary.

Japanese Foreign Minister Toshimitsu Motegi: At the same time, we had a frank discussion about the increasingly serious international and regional situation and reaffirmed our cooperation on the international stage. I will do my utmost to promote the further development of friendly relations with Angola.

Japanese Foreign Minister Toshimitsu Motegi: My trip to Angola has concluded. During my visit, I had very fruitful talks with President Lourenço and Foreign Minister Antonio. We agreed to further strengthen economic ties and encourage Japanese companies to participate in Angolan oil transactions.

Japanese Finance Minister Satsuki Katayama: The Asian Development Bank headquarters will open on the 3rd, focusing on measures to address the urgent situation in the Middle East and the procurement of important minerals.

May 2nd - According to Qingdao Municipal Bureau of Commerce, Qingdao has allocated 30 million yuan to conduct the "2026 Summer Shopping Spree" new car consumption subsidy campaign from May 1st to June 30th. According to the subsidy rules, individual consumers purchasing eligible new energy passenger vehicles in Qingdao can receive a subsidy of 4% of the vehicle price, up to a maximum of 12,000 yuan; those purchasing eligible gasoline passenger vehicles can receive a subsidy of 3% of the price, up to a maximum of 10,000 yuan.

Berkshire Hathaway A (BRK.AN): As of March 31, 61% of the total fair value of its equity investments were concentrated in American Express, Apple, Bank of America, Chevron, and Coca-Cola.

The Yemeni Coast Guard stated that the oil tanker M/T EUREKA was hijacked off the coast of Shabwa. The tanker has been taken into custody by boarding personnel and subsequently sailed towards the Somali coast.