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Kinesis Data March 23 – Trump previously issued Iran a 48-hour ultimatum demanding immediate reopening of the Strait of Hormuz, or face potential strikes on Iran's power infrastructure. This deadline will expire Monday evening US Eastern Time (Tuesday morning Beijing Time), leaving markets on high alert for further escalation. Iran responded with stern warnings, stating that any US attack would trigger widespread retaliatory action against US-allied energy facilities in the Gulf region. Officials also indicated that the Strait of Hormuz could be closed indefinitely, increasing the risk of severe and prolonged disruption to global oil transportation. Analysts note that the current standoff marks a significant escalation of conflict, with both sides appearing willing to raise the stakes rather than de-escalate. This confrontation has injected new geopolitical risk into the energy market, and as the deadline approaches, traders are preparing for further volatility.
Jin Shi Data, March 22 — He Lifeng, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with a delegation from the U.S.-China Business Council on the afternoon of March 22 in Beijing. He Lifeng stated that the China-U.S. relationship is the most important bilateral relationship in today's world. He expressed hope that the U.S.-China Business Council will continue to play its role as a bridge and link, promoting smooth and healthy development of China-U.S. friendly exchanges and economic and trade relations. He also hoped that U.S. enterprises will fully seize development opportunities in China, make full use of the potential of the Chinese market, and inject more stability and positive energy into China-U.S. economic and trade relations. (CCTV News)
March 22 - In response to U.S. President Trump's ultimatum demanding that Iran open the Strait of Hormuz within 48 hours, Iran's Islamic Parliament Speaker Kalibaaf said on the 22nd that once Iran's power plants and other critical infrastructure become targets of attack, all major energy and oil facilities throughout the entire Middle East region will be considered legitimate targets and will face irreversible destruction, with oil prices expected to rise significantly in the long term. On the evening of the 21st, Trump posted on social media demanding that Iran open the Strait of Hormuz within 48 hours, otherwise he would launch strikes against Iran's "various power plants" and destroy them.