Energy:
1. Trump postpones strikes against Iranian power plants, setting a five-day negotiation period.
2. 6 million barrels of crude oil futures contracts were sold off 15 minutes before Trump's post.
3. Sources: The Japanese government is considering intervention in the oil futures market.
4. US Energy Secretary Wright: Strategic petroleum reserves may be used again, but it is unlikely. The US Strategic Petroleum Reserve will release 1 million to 1.5 million barrels per day, totaling nearly 300 million barrels. Further measures to address oil prices are being studied.
5. According to the Financial Times: The US warned the EU that a trade agreement is necessary or it risks losing preferential access to liquefied natural gas (LNG).
6. Energy Intelligence Group reporter Amena Bakr: Since March 3, approximately 11 LNG tankers originally destined for Europe have diverted to Asia.
7. The European Commission calls for the early activation of natural gas reserves.
8. Chile relaxes its fuel price buffer, significantly raising oil prices.
9. The first oil tanker carrying Iraqi oil transits the Strait of Hormuz.
10. United Airlines CEO reveals pessimistic forecast: oil prices may rise to $175 per barrel.
11. Indian Mining Minister: Measures have been taken to ensure coal prices do not rise.
12. Sources: Brazil's state-owned oil company, Petrobras, is not considering raising diesel prices in the near future.
13. Japanese Prime Minister Sanae Takaichi orders a review of the entire petroleum product supply chain.
14. Vietnam and Russia sign a nuclear energy cooperation agreement to address energy pressures.
15. Japanese Finance Minister Satsuki Katayama: Speculative operations in the oil futures market are affecting the foreign exchange market.
16. Japan will begin releasing national oil reserves on the 26th. The Japanese government: It will temporarily release one month's supply of crude oil reserves.
17. Japan's Vice Minister for International Affairs: The International Energy Agency's release of 400 million barrels of crude oil is "insufficient to alleviate the extremely tense market."
18. According to Iranian media Fars News: A natural gas pipeline supplying power plants in Khorramshahr, Iran, was attacked by artillery fire.
19. Greek Prime Minister: Greece will provide €300 million in fuel subsidies to help households cope with rising energy costs.
20. According to Politico: A diplomat stationed in the US stated that Vietnam, Bangladesh, and the Philippines will run out of oil within three weeks.
21. Sources: The UAE has restarted the Habsan gas plant, but most liquefied natural gas production remains stagnant.
22. Data shows: Due to the escalating conflict in the Middle East, Asian naphtha profit margins have reached a record high, with the price difference against Brent crude reaching $429.35 per metric ton.
23. Indian Prime Minister Modi: India has over 5.3 million tons of strategic oil reserves and is working to increase its reserves by another 6.5 million tons. The government is ensuring that oil and gas supplies are not affected.
24. South Korean officials: No major oil supply disruptions are expected next month, as the government has secured alternative supply routes and plans to utilize strategic petroleum reserves. South Korean refineries have secured crude oil supplies through alternative routes bypassing the Strait of Hormuz.
25. According to NDTV: Two Indian-flagged liquefied petroleum gas tankers passed through the Strait of Hormuz on Monday, using a “safe passage” approved by Iran – a newly established detour route within Tehran’s territorial waters.
Precious Metals and Mining:
1. Market news: Mexico implements quota system on hot-rolled steel sheets from Vietnam.
2. The US plans to invest $250 million to create an investment alliance in the energy and critical minerals sectors.
3. World Gold Council: Driven by geopolitical risks, more central banks will increase their gold holdings.
4. Thailand’s imports in February increased significantly due to gold imports.
Agriculture:
1. Indian Prime Minister Modi: India has made sufficient fertilizer supply arrangements for the summer crop planting season.
2. Due to insufficient nitrogen fertilizer, Australia will reduce wheat planting.
