The Bank of Japan maintained its assessment of nine regions in Japan in its quarterly report.

Geopolitics/Middle East - China is willing to continue to cooperate with Russia at the U.N. Security Council and make efforts to cool down the Middle East situation, Foreign Minister Wang Yi told his Russian counterpart Sergei Lavrov in a phone call on Sunday. - Trump threatened to destroy all of Iran’s power plants if the country’s leaders don’t agree to reopen the Strait of Hormuz by Tuesday evening, ratcheting up pressure on Tehran. - Iranian officials responded with threats that the region could “burn,” and said the strait would only reopen when they were “fully compensated” for war damages. - Iran warns of retaliatory attacks after US President Donald Trump sets a Tuesday deadline for Tehran to open the Strait of Hormuz or face raids on its power plants and bridges. - Trump said Sunday that if no peace deal is reached with Iran in the next 48 hours, "we're blowing up the entire country." -According to Iran’s Fars News Agency, 15 ships were allowed to pass through the Strait in the past 24 hours (as of 2100 hrs GMT on 5 April). Energy - OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily. Corporate/Technology - Foxconn posted NT$2.13 trillion (US$66.7 billion) in revenue for the quarter ended March, up 29.7% year on year and slightly below analyst estimates of NT$2.14 trillion (US$67 billion), as demand for AI servers remained firm. - Anthropic cuts off Claude subscriptions for OpenClaw, requires separate payment for third-party tools. Domestic / U.S. Politics - White House responds to Donald Trump hospitalization rumors; spokesperson and rapid response account dismiss speculation, emphasize President Trump's ongoing work schedule. China/Economy & Society - Holiday travel surged on the first day of the Qingming Festival, with cross-regional trips estimated at 296 million, up 2.7% year-on-year, CCTV News reported.

Crude Oil: 1. Attacks in Ukraine trigger fire at a large Russian oil refinery. 2. South Korea considers bypassing the Strait of Hormuz in search of oil. 3. Japanese Prime Minister says naphtha supplies can cover four months of demand. 4. Cuba: 10 tons of crude oil from a Russian tanker have been unloaded. 5. Hungarian Prime Minister: Explosives found near Belgrade-Budapest gas facilities. 6. OPEC+ warns of high costs and long timeframes for repairing energy facilities. 7. Iraq urges customers to submit crude oil shipment plans after receiving a passage exemption. 8. A statement indicates that OPEC+ is scheduled to hold its next Joint Ministerial Monitoring Committee (JMMC) meeting on June 7. 9. Saudi Aramco has set its official selling price for its May Arab Light crude oil shipments to Asia at a premium of $19.50 per barrel over the Oman/Dubai average, up $17 per barrel from the previous month. Middle East Situation: 1. Foreign media: A small number of oil tankers and cargo ships passed through the Strait of Hormuz. 2. The Ruwais petrochemical facility in Abu Dhabi was attacked and shut down. 3. US media: US-Iran mediators make final efforts to secure a 45-day ceasefire. 4. An advisor to Iran's Supreme Leader warned the US that it might retaliate by closing the Bab el-Mandeb Strait. 5. Oman and Iran held a vice-ministerial meeting to discuss securing passage through the Strait of Hormuz. 6. A senior Iranian official stated that Iran will not reopen the Strait of Hormuz in exchange for a "temporary ceasefire," believing the US is not yet ready to achieve a permanent ceasefire. 7. Sources revealed that the final US-Iran ceasefire proposal includes Iran relinquishing its nuclear weapons in exchange for the lifting of sanctions and the unfreezing of its assets. If an agreement is reached, this plan would facilitate an immediate ceasefire, reopen the Strait of Hormuz, and lead to a final agreement within 15 to 20 days. Other: 1. Thailand's gemstone exports fell 29.32% in February, but gold exports remained strong. 2. Bank of Japan: Some regions say the impact of the Middle East conflict has been reflected in soaring oil prices and supply disruptions.