India's Information Minister: The Cabinet has approved a regional air connectivity plan worth 288.4 billion rupees.

VietJet, a Vietnamese low-cost carrier, has adjusted its flight schedules due to a potential fuel shortage.

Energy: 1. The South Korean government is expected to implement naphtha export controls this week. 2. Indian government official: India has arranged a large shipment of liquefied petroleum gas (LPG). 3. Market news: Saudi Arabia announced a 30-day license exemption for vessels in the Persian Gulf. 4. Market news: The Petroleum Institute of Japan will stop publishing petroleum product inventory data. 5. German Energy Minister: If the conflict continues, energy shortages may occur in late April or May. 6. European Commission spokesperson: We have cancelled the originally scheduled date of April 15 for submitting a proposal to impose an oil embargo on Russia. 7. Sources: Reliance Industries of India purchased 5 million barrels of Iranian crude oil after the US granted a sanctions exemption. 8. Canadian Energy Minister: Discussed exporting more natural gas to the Gulf Coast with US Energy Secretary Wright. 9. Kazakh Energy Minister: Crude oil production has now reached 1.7 million barrels per day, plus 400,000 barrels of condensate and natural gas liquids. 10. Qatar Energy: Initiated force majeure clauses in its liquefied natural gas (LNG) contracts with Italy, Belgium, and South Korea. It is continuously assessing the full impact of recent events on its operations. 11. Egyptian Ministry of Oil: Apache Corporation, a US company, discovered a new natural gas reserve in the western desert, with an estimated daily production capacity of approximately 26 million cubic feet. 12. Shipping data shows that crude oil exports from Saudi Yanbu port rose to nearly 4 million barrels per day in the latest week, compared to approximately 1 million barrels per day before the outbreak of the Iran-Iraq conflict. 13. Russian Deputy Finance Minister: The Russian Ministry of Finance is not currently considering adjusting the current year's oil cutoff price. However, in the medium to long term, it is still necessary to lower the oil cutoff price. 14. Sources say the Trump administration is expected to ease summer gasoline regulations as early as Wednesday. 15. India has purchased 60 million barrels of Russian oil for its April supply. Precious Metals and Mining: 1. Sources familiar with the matter revealed that Turkey is considering using its $135 billion gold reserves to support the struggling lira. 2. Goldman Sachs raised its Q2 LME aluminum price forecast to $3,200/ton (previously $3,100/ton). 3. Announcement shows that India has extended the validity of its gold import tariff quota authorization under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) until June 30. 4. Indonesian Ministry of Trade: February refined tin exports totaled 3,926.93 tons. 5. According to Mysteel data, today's MMLC battery-grade lithium carbonate (morning session) price rose by 6,100 yuan/ton compared to yesterday, with the midpoint price at 155,950 yuan/ton. Agriculture: 1. Traders said Indian refiners cut palm oil and soybean oil purchases as they expect the war-driven oil price rally to ease. 1. India's palm oil imports in March are expected to fall to 680,000 tons, down from 847,689 tons in February. 2. Goldman Sachs: Fertilizer shortages caused by the Middle East situation could push up grain prices. Middle East Situation: 1. Traffic in the Strait of Hormuz plummeted by over 90% in March. 2. A Thai oil tanker safely passed through the Strait of Hormuz. 3. Iran's Islamic Revolutionary Guard Corps ordered a vessel that had illegally transited the Strait of Hormuz to return to port. 4. Iran stated that "non-hostile vessels" can pass through the Strait of Hormuz after coordination with Iran. 5. British media: The Royal Navy will lead a coalition to reopen the Strait of Hormuz.