CHINA, RUSSIA JOINTLY ANNOUNCE INITIATIVE TO PROMOTE MULTI-POLAR WORLD

China & U.S. - Xi Jinping told Donald Trump that Vladimir Putin may regret the Ukraine invasion: Report - China Foreign Ministry: China and U.S. agreed to carry out intergovernmental talks on AI - U.S. Treasury's Scott Bessent says Trump administration not in a hurry to extend China trade truce due to expire in November - Bessent: U.S., China will initially identify $30 bln of non-critical goods that can have reduced or no tariffs under board of trade protocol China - China moves to tighten hog capacity controls - Major Chinese copper smelters met government officials in Beijing on Tuesday, sources say - YMTC starts listing counselling procedure - document released by China securities regulator - Moonshot AI to overhaul structure to win nod for Hong Kong IPO Tech & AI - According to media reports citing a labour official, Samsung Electronics’ South Korean union has eased its position, opening the door to a deal Iran & Middle East - U.S. official to Al Jazeera: White House National Security Council meeting postponed after Trump delayed attack on Iran - Pentagon urged no resumption of strikes as Iran grew more effective tracking U.S. air ops: NYT - Iran state TV: Iran Stock Exchange resumes trading after 80-day suspension Global Markets & Commodities - Indonesia plans tighter control over coal, palm oil exports - Trump trade adviser Peter Navarro: China will buy offal, not steak and burgers Russia - Russian President Vladimir Putin arrives in Beijing: CGTN

CITI SAYS THAT FOR A RERUN OF 1970S OIL SHOCK STRAIT OF HORMUZ MAY NEED TO REMAIN CLOSED EARLY 2027