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Coal, oil, and gas are once again under pressure, Yunmei Energy drops over 6%. Trump: We will be withdrawing soon.
(Source: Caixin News)
April 1, the coal mining and processing sector opened lower in the early session and was dealt a setback. As of the time of this release, Yunnan Yunmei Energy (600792.SH) was down more than 6%, while Huadian Energy (600726.SH), Liaoning Energy (600758.SH), Zhengzhou Coal & Power (600121.SH), Shaanxi Heimao (601015.SH), and others followed lower.
In addition, after oil and gas-related concepts opened lower in the early session, they initially surged quickly but then fell back. As of the time of this release, component stocks such as Keli Shares (920088.BJ), Blue Flame Holding (000968.SZ), and Beiken Energy (002828.SZ) were down.
On the news front, according to Xinhua News Agency, when U.S. President Donald Trump signed an executive order at the White House on March 31 and spoke to the media, he said that the United States could end its military actions against Iran within two to three weeks. “We’ll be leaving pretty soon,” Trump said. “I think about two to three weeks. We’re leaving because we have no reason to keep doing this.”
Trump said he had only one goal: that Iran should not be able to possess nuclear weapons, “and that goal has been achieved.” U.S. forces are completing the final tasks. “I think it could be completed within two weeks—maybe just a few more days.”
Trump also said that if an agreement is reached with Iran, the war could possibly end even earlier. But even if the United States does not reach an agreement with Iran, the war can still end. “If they’re willing to sit down and talk, that’s great. But whether they come or not doesn’t really matter.”
Additionally, according to CCTV News, Iranian President Pezeshkian said Iran is willing to end the war, but only on the condition that its demands are met, especially with guarantees that it will no longer be subjected to aggression.
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