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Real-time News
EU High Representative for Foreign Affairs and Security Policy Karas: I am in contact with partners, including those in the region affected by Iran’s military actions, to look for practical de-escalation measures.March 1 – On March 1, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, spoke by phone with Russian Foreign Minister Sergey Lavrov at the latters request. Wang Yi stated that, with the encouragement of China and Russia, the UN Security Council held an emergency meeting yesterday regarding the current situation in Iran. Chinas position is: First, an immediate cessation of military action. This is to prevent the spread and spillover of conflict and to avoid the situation escalating to an uncontrollable point. China values the security of the Gulf states and supports their restraint. Second, a swift return to dialogue and negotiation. All parties should strongly advocate for peace and urge the parties involved to return to the path of dialogue and negotiation as soon as possible. Third, a joint opposition to unilateral actions. Attacking sovereign states without authorization from the UN Security Council undermines the foundation of peace established after World War II. The international community should send a clear and unambiguous voice against the world regressing to the law of the jungle.On March 1st, HuaAn Fund Management Co., Ltd. announced that the HuaAn S&P Global Oil Index Securities Investment Fund (LOF) (ticker symbol: Oil Fund LOF, trading code: 160416) will be suspended from trading from the opening of the market on March 2nd, 2026 until 10:30 AM on the same day, and will resume trading at 10:30 AM on March 2nd, 2026. This suspension is a temporary measure taken to protect investors interests and warn of trading risks due to a significant premium in the secondary market trading price. If the premium does not effectively decrease, the fund has the right to apply to the Shenzhen Stock Exchange for a temporary intraday suspension or an extension of the suspension period, subject to the announcement at that time.On March 1, Mehdi Tabatabae, the deputy head of the Iranian presidential office responsible for press and communications, said that Iranian President Pezechzian was safe. He wrote on social media, "President Pezechzian is safe and sound." On the same day, Pezechzian issued a statement regarding the death of Iranian Supreme Leader Khamenei, stating that Irans revenge against the United States and Israel was "its duty and legitimate right," and that it would "do everything in its power to fulfill this important responsibility."The Iraqi Civil Aviation Authority has extended the airspace closure by 24 hours.
