U.S. API Cushing crude oil inventories for the week ending February 13 were -1.367 million barrels, compared to 1.4 million barrels in the previous week.

Gaza Situation: 1. Hamas: The so-called "Peace Committee" should stop Israel from violating the ceasefire agreement. 2. An incident of alleged "friendly fire" occurred in southern Gaza, resulting in the deaths of an Israeli Defense Forces soldier. 3. US media: US President Trump's Peace Committee will pledge $5 billion for Gaza reconstruction. Iran Situation: 1. The Iranian president reiterated that Iran will never seek nuclear weapons and is ready to accept inspections at any time. 2. Iran and Russia held joint military exercises in the Gulf of Oman on the 19th. 3. Iranian president: Determined to swiftly and accurately implement the Iran-Russia comprehensive strategic cooperation plan. 4. White House: US-Iran negotiations have made progress, but remain far apart on key issues. 5. The White House declined to make a clear statement on whether to set a deadline for negotiations or whether to consider military options. 6. US media: There are currently no signs that diplomatic negotiations between the US and Iran will achieve a breakthrough, while at the same time, increasing evidence suggests that US military action against Iran is "imminent." 7. Sources: Israel raises its national alert level and intensifies military preparations. 8. The US State Department announced visa restrictions on 18 Iranians. 9. Trump: If Iran decides not to reach an agreement, the US may need to deploy its Diego Garcia base. 10. US officials stated that the US military should complete its Middle East military deployment by mid-March. 11. A senior US official stated that the US hopes Iran will submit a written proposal on resolving the deadlock after the Geneva talks. 12. US Secretary of State Rubio will travel to Israel on February 28 to meet with Israeli Prime Minister Netanyahu. Other: 1. Mexico and the Vatican rejected Trump's invitation to join the Peace Committee. 2. The Israeli Political-Security Cabinet meeting, originally scheduled for Thursday, has been rescheduled to early Monday morning Beijing time. 3. US media: US officials stated that the US will withdraw all troops from Syria, and the withdrawal is unrelated to the deployment of troops for a possible attack on Iran.

White House National Economic Council Director Hassett: The New York Fed's tariff study is the worst in the history of the Federal Reserve. The authors of the New York Fed's tariff study report should be disciplined.