Hungarian opposition leader Majol: The most important task is to unfreeze EU funds.

1. Announces Blockade of Ships Entering and Leaving Iranian Ports – Trump announced that the United States would impose a blockade on ships entering and leaving Iranian ports at 10:00 AM Eastern Time on April 13 (10:00 PM Beijing Time on April 13). 2. States He Doesn't Care if Iran Doesn't Return to the Negotiation Table – After the failure of negotiations between the United States and Iran, Trump stated that he didn't care whether Iran returned to the negotiating table. 3. Says Temporary Ceasefire Between the US and Iran is “Standing Well” – Trump stated that the two-week temporary ceasefire between the US and Iran is “generally standing well,” despite the lack of progress in the marathon negotiations held over the weekend. 4. Considers Resuming Limited Military Strikes Against Iran – According to the Wall Street Journal, officials and sources familiar with the matter said that Trump and his advisors are considering resuming limited military strikes against Iran while maintaining the blockade of the Strait of Hormuz. 5. Declares Will Cut Off Iranian Oil Revenue – Trump stated that the United States will not allow Iran to profit from selling oil. Trump claimed that due to Iran's blockade of the Strait of Hormuz, global oil supplies are shifting to the United States. Large numbers of ships are sailing to the United States to refuel and then transport oil away, no longer passing through the Strait of Hormuz, and this problem will eventually be resolved. 6. Trump claims NATO is willing to assist in maintaining security in the Strait of Hormuz —Trump stated that the United States will blockade the Strait of Hormuz, similar to its actions against Venezuela, and that clearing the strait will not take long. NATO and many other countries are willing to provide assistance, and Gulf allies have already begun their support. 7. Trump publicly criticizes the Pope—On the 12th local time, Trump posted a message severely criticizing Pope Leo XIV, calling the Pope "weak" in fighting crime and "poor" in foreign policy.

At midday closing, domestic futures contracts showed mixed results. Polysilicon hit its daily limit, rising 9%, lithium carbonate rose over 5%, and the main contracts for container shipping to Europe, SC crude oil, and low-sulfur fuel oil (LU) rose over 3%. Industrial silicon and Shanghai silver rose over 2%. On the downside, caustic soda fell over 3%, butadiene rubber fell over 2%, and TSR20 rubber, live pigs, rubber, apples, palm oil, and PTA fell over 1%.