US state department says US urges Beijing to cease military, diplomatic and economic pressure against Taiwan; Meaningful exchanges should focus on dialogue between Beijing and Taiwan's democratically elected authorities without precondition
The US State Department's statement highlights a clear push against China's increasing assertiveness towards Taiwan, emphasizing the need for dialogue without preconditions.
US DoE will loan 8.5mln bbls of crude oil from SPR to 4 companies
Israel will announce its commitment to the ceasefire at 4:00 am Beirut time to pave the way for Lebanon to be included in the ceasefire, Fars reports, citing You News, citing sources;
US state department says US urges Beijing to cease military, diplomatic and economic pressure against Taiwan; Meaningful exchanges should focus on dialogue between Beijing and Taiwan's democratically elected authorities without precondition
CRUDE WRAP: WTI (M6) SETTLES USD 0.35 LOWER AT 89.58/BBL; BRENT (M6) SETTLES USD 0.72 LOWER AT USD 95.20/BBL
Israeli and Lebanese ambassadors were scheduled to speak by phone on Friday in the presence of US officials, NYT reports, citing sources
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- US opposes unilateral changes to the status quo from either side.
This could escalate tensions in the region, potentially impacting markets sensitive to geopolitical risks, such as equities and commodities, particularly in sectors like technology that rely on Taiwanese production.
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