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U.S. Commerce Secretary Rutnick will appear before the House of Representatives on May 6.

On April 7th, a senior Iranian security official, responding to US President Trump's remarks on Monday, stated that Iran had inflicted a strategic defeat on Trump, and that his escalating rhetoric towards the Iranians reflected a loss of control over the conflict. The source stated, "The military failure of Trump's coordination with Netanyahu in the southern city of Isfahan is a strategic failure, and his increased insults and offensive rhetoric towards the Iranian people indicates that he has lost control of the war management." The official added that even if attacks on Iran completely cease, the Strait of Hormuz will only reopen under an agreement linked to the extent to which the other side fulfills its commitments.

The Dow Jones Industrial Average rose 165.21 points, or 0.36%, to close at 46,669.88 on Monday, April 6; the S&P 500 rose 29.33 points, or 0.45%, to close at 6,612.02; and the Nasdaq Composite rose 117.16 points, or 0.54%, to close at 21,996.34.

European Council President Costa stated that escalating the war against Iran will not bring a ceasefire or peace.

With just over 24 hours remaining before Trump's ultimatum to strike Iranian power plants, power plant number 123 in the northeastern Iranian city of Mashhad was attacked by airstrikes.

On April 7, the Israel Defense Forces (IDF) issued a statement on April 6, announcing an airstrike on a large petrochemical complex in the southern Iranian region of Al-Saluyeh. This facility is Iran's largest petrochemical complex. The statement said that the IDF has already struck two major Iranian petrochemical complexes, severely damaging more than 85% of Iran's petrochemical export capacity. The statement further stated that the Al-Saluyeh facility houses critical infrastructure for the production of materials such as explosives and ballistic missile propellants, making it a vital raw material supply hub for Iran's missile industry. The IDF will continue to intensify its strikes against Iran's core weapons production infrastructure, aiming to cause "widespread and sustained damage" to its military manufacturing capabilities.

Iranian Foreign Ministry Spokesperson: The American people should know that what their government has done to Iran in West Asia is a huge injustice, an unfair and aggressive war. The American people must hold their government accountable for the actions and crimes committed in their name.

In a statement, the Brazilian government announced that it would provide subsidies of up to 330 million reais for liquefied petroleum gas (LPG) imports.

Brazil's Finance Minister: We will introduce measures to ensure the import and distribution of liquefied petroleum gas to low-income families.

Brazil's Finance Minister: 25 states have expressed interest in joining the diesel import subsidy program. The subsidy will be increased by 0.80 reais per liter.

On April 7, the Russian Foreign Ministry issued a statement on the situation in the Middle East on April 6, local time. The statement noted that the large-scale international crisis triggered by the illegal and unprovoked attacks on Iran by the United States and Israel continues to escalate and deepen. The statement said that the intensity and destructiveness of the attacks are constantly escalating, targeting not only military facilities but also civilian infrastructure and an increasing number of nuclear facilities protected by the International Atomic Energy Agency. Russia reiterated its strong call for an immediate cessation of military action. Russia believes that the opportunity to resolve the conflict through political and diplomatic means still exists. All parties must abandon threats, unacceptable insults, and ultimatum-like language, and refrain from actions that could plunge the entire region into irreversible chaos. Preventing the destruction of the remaining opportunity to seek a political and diplomatic solution through negotiations is crucial. Russia calls on the UN Security Council to give full consideration to this situation in its work.

Microsoft 365: We are investigating an issue where some administrators in North America may be unable to access the Microsoft 365 admin center.

Shares of United Parcel Service (UPS.N) fell 1.3% after news broke that Amazon had reached a delivery agreement with the U.S. Postal Service.

Israel Defense Forces: The top general has approved action against Iran for the next three weeks.

Sources say the agreement between Amazon (AMZN.O) and the U.S. Postal Service is expected to enable the retailer to ship more than 1 billion packages annually through the U.S. Postal Service, representing 80% of its existing business.

Ukrainian President Zelenskyy: All the profits Russia gains from rising oil prices will be used for this war. Therefore, any measure to restrict Russia's oil export capacity is justified.

Ukrainian President Zelenskyy: Currently, the oil market is unstable due to the unresolved situation in Iran. Oil-producing countries, including Russia, may now gain more profits.

Ukrainian President Zelensky: If Russia can bear the cost of this war, it will never choose peace voluntarily. Only enormous economic losses will force Russia to consider the possibility of abandoning this war.

On April 7th, according to AXIOS, Meta Platforms (META.O) is preparing to release its first batch of new AI models developed under the leadership of Alexandr Wang, and plans to eventually offer versions of these models under an open-source license. Sources indicate that before officially releasing the new models, Meta wants to retain some technology as proprietary and ensure that it does not introduce new security risks. Alexandr Wang believes that Anthropic and OpenAI are increasingly focused on providing their models to governments and enterprises. In contrast, Meta's efforts are focused on consumers. Meta hopes its models will be as widely available as possible globally. Sources say that Meta understands that its newly launched models may not be able to match the overall performance of new products from laboratories, but believes they will still have advantages in certain areas to attract consumers. Furthermore, Meta will not completely return to its earlier open approach.