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Forex cross rates provide investors with the latest news and introduction of exchange rates, as well as cross exchange rate tables.Investors can know the foreign exchange cross rates between dozens of currencies on the page of "Forex Cross Rate", most of which are the most popular currencies in the world, such as euro, U.S. dollar, Japanese yen, British pound, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar. At the same time, investors will also get free access to the latest news and economic calendars of various currencies on the page of "Forex Cross Rate".
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U.S. Senate Minority Leader McConnell: I cannot return to the Senate chamber to vote yet. I will return to the Senate as soon as possible.
According to Iran's Fars News Agency: Around 00:30 this morning, more than 10 explosions were heard in Bandar Abbas Port and Sirik, Iran. The exact location of the explosion is unclear.
The Iranian Foreign Ministry strongly condemned the aggressive attacks by the United States against Iran in the past 24 hours, saying that these attacks not only flagrantly violated the basic principles of the United Nations Charter, but also posed a serious threat to international peace and security, making efforts to reduce tensions and establish peace in West Asia over the past few months in vain.
Slovak President Pellegrini: Slovakia will not participate in a new round of 70 billion euros aid plan for Ukraine, nor will it provide weapons to Ukraine or fund its further arming.
Falling oil prices usually mean the price consumers pay for fuel also falls... but that's not necessarily the case this time. There is a risk that market models are too reliant on crude oil price trends, leading to widespread expectations that consumers and businesses will usher in lower energy costs. However, if you’ve paid attention to gas stations lately, you’ll find that’s not the case. A huge spread has emerged between the price of refined products and crude oil, even prompting Trump to threaten action against oil companies. But the problem is not the oil companies; Rather, the refineries lack adequate supplies of crude oil. The real problem lies in the "crack spread". The crack spread reflects a refinery's profit margin after processing crude oil into fuel. "Cracking" refers to the refining process of breaking down heavy hydrocarbon molecules into lighter oils. The most common "3-2-1 crack spread" assumes that a refinery purchases 3 barrels of crude oil to produce 2 barrels of gasoline and 1 barrel of distillate (such as diesel or heating oil). Currently, the 3-2-1 crack spread has surged to a record high of $65 per barrel. This means, Refineries can purchase crude oil at a spot price of US$71 per barrel and process it into refined oil products such as gasoline and diesel worth approximately US$136. This situation is likely because refineries cautiously replenished inventories during the war, or were unable to operate normally due to the conflict, especially in the Strait of Hormuz region, where more than 10% of the world's refined oil products are refined. "The upshot is that it is global supplies of refined products that are really tightening, not crude oil itself," National Bank of Canada wrote in its latest report. "As a result, consumers may see only a limited pullback in fuel prices in the short term. In the meantime, Diesel prices remain high and transportation costs remain high, which will also continue to put upward pressure on the prices of other consumer goods. "
The Yemeni Foreign Ministry reiterated that Yemen will continue to support Iran in the face of continued aggression by the United States and Israel.

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