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China Policy & Diplomacy - China’s Finance Ministry releases 2025 fiscal policy execution report, pledging a more proactive fiscal stance in 2026 - China’s Foreign Ministry, on Trump seeking to delay Xi summit: China, US in communications over Trump’s visit to China Geopolitics & Iran Conflict - Senior Iranian official: Iran’s new Supreme Leader in foreign policy session rejects proposals for “reducing tensions or peace with the US” - Iraq oil minister says in contact with Iran to allow some oil tankers to pass through Strait from Hormuz - state news agency - Trump: United States has been informed by most of our NATO “allies” that they don’t want to get involved with our military operation against terrorist regime of Iran - Trump delays Beijing trip by 5-6 weeks amid Iran war disruptions Energy & Commodities - Chinese state majors resume seeking Russian oil shipments following US waiver, sources say - Japan, US to agree on joint development of rare earth elements, lithium, copper at summit meeting this week, Nikkei says - Hassett: Coordinated oil reserve release could go up if needed Technology & AI - Alibaba launches Wukong AI platform for enterprises, targets enterprise automation with agentic AI - Amazon CEO: AI to double AWS sales to $600 billion by 2036 - internal meeting - Nvidia CEO Huang: I have strong visibility of $1 trillion plus - Nvidia CEO Jensen Huang confirmed that the company is restarting H200 AI accelerator manufacturing for customers in China - OpenAI gears up to go public, potentially by the end of the year - CNBC U.S. Policy & Industry - Trump officials weigh new $1 billion deal to stop offshore wind farms - NYT