News

Indian Ministry of Foreign Affairs: India will attend the British-led meeting on the Strait of Hormuz.

Indian Ministry of Foreign Affairs Spokesperson: No payment has been made to Iran to ensure safe passage of ships.

Indian Ministry of Foreign Affairs: Continue to supply fuel to Sri Lanka, Nepal, Bhutan and Bangladesh. Information has been received from the Maldives seeking short-term and long-term fuel supplies and is being reviewed.

The British Foreign Secretary stressed the "urgent need" to reopen the Strait of Hormuz.

U.S. Senate Republican Leader Thune: Doubtful there will be enough support for the United States to withdraw from NATO.

The monthly layoff rate of challenger companies in the United States was 25.49% in March, compared with -55.45% in the previous month.

The annual layoff rate of challenger companies in the United States in March was -78%, compared with -71.90% in the previous month.

Challenger companies in the United States laid off 60,620 people in March, compared with the previous figure of 48,307.

U.S. Senate Republican Leader Thune: Still negotiating with Democrats on immigration reform.

Hindustan Copper's copper concentrate production in the 2025/26 fiscal year was 27,421 tons, a year-on-year increase of 9%, and ore production reached 3.67 million tons, a year-on-year increase of 6%.

Market news: Britain hosts talks on plans to reopen the Strait of Hormuz and the meeting begins.

The number of U.S. challenger layoffs in March will be released in ten minutes.

The U.S. Senate rejects the House version of the Department of Homeland Security funding bill.

British two-year government bonds continued their decline, with the yield rising 10 basis points to 4.40%.

Iran’s Islamic Revolutionary Guard Corps: This attack on U.S.-related steel and aluminum facilities in the region is a warning; if Iranian industrial facilities are attacked again, Tehran’s “next response will be heavier.”

The Dutch wholesale natural gas price rose 5.7% in the current month to 50.225 euros/MWh.

Market news: Russia faces oil production cuts due to drone attacks on energy facilities, sources said.

According to Interfax: Russia plans to send a second ship containing fuel to Cuba.

Two OPEC+ sources: OPEC+ is likely to consider raising oil production quotas again at a meeting on Sunday to prepare for a possible easing of export restrictions in the Strait of Hormuz.

Wells Fargo: Lowered the target price of Google parent company Alphabet from US$397 to US$361; lowered the target price of Meta Platforms (META.O) from US$856 to US$765.