UK Chancellor of the Exchequer Reeves: In 2021, energy prices depended on marginal gas prices 90% of the time. Since then, energy prices have fallen by about a third.

Domestic News 1. my country's defense spending is projected to increase by 6.9% in 2026. 2. my country's goods trade imports and exports grew by 18.3% in the first two months of the year. 3. Foreign media: Tencent is secretly developing a WeChat AI agent, which may be available to all users this year. 4. The National Internet Emergency Center issued a risk warning regarding the OpenClaw security application. 5. The Ministry of Transport summoned relevant officials from Maersk Group and Mediterranean Shipping Company. 6. Foxconn Industrial Internet: Net profit in 2025 reached 35.286 billion yuan, a year-on-year increase of 51.99%. 7. Iranian Ambassador to China: Passage through the Strait of Hormuz will be restricted, but this does not mean the strait will be closed. International News 1. A trilateral meeting between the US, Russia, and Ukraine may be held in Turkey next week. 2. Currency market expectations for a European Central Bank interest rate hike this year have cooled significantly. 3. Spot gold and silver rose 1.1% and 1.6% respectively on Tuesday, while WTI and Brent crude oil rose 1.5% and 3.2% respectively. 4. Cliffwater's $33 billion credit fund faces over 7% redemptions. 5. Energy Situation— ① US media: The US demands Israel not attack Iranian energy facilities. ② Several Gulf states collectively cut production by up to 6.7 million barrels per day. ③ US media: Iran begins laying mines in the Strait of Hormuz, numbering approximately several dozen. Trump: Demands Iran clear any mines it may have laid, or it will face unprecedented military consequences. ④ US Energy Secretary claims US forces escorted oil tankers through the Strait of Hormuz, causing oil prices to briefly drop by $3, but the post was deleted minutes later, and the White House also stated there was no escort. ⑤ Canadian Prime Minister Carney: G7 leaders will discuss energy coordination on Wednesday. 6. Iran Situation— ① Trump says conditional negotiations with Iran are possible. ② US Defense Secretary says a "maximum" strike against Iran will be launched on Tuesday. ③ Iranian Foreign Minister says the new Supreme Leader will not negotiate with the US, while Iranian Vice President says the possibility of resolving the issue through negotiations has not been abandoned. ④ US Special Envoy: Putin denies providing Iran with intelligence regarding US forces. ⑤ Part of the US THAAD system in South Korea is being relocated to the Middle East. ⑥ US Forces: Sink 16 Iranian mine-laying vessels near the Strait of Hormuz.

British Chancellor of the Exchequer Reeves: This demonstrates the importance of reducing dependence on fossil fuel prices by investing in domestic clean energy.