TODAY'S HOT NEWS TOPICS
US-Iran talks in Islamabad ended without a deal, with US Central Command blocking maritime traffic to/from Iranian ports starting April 13, surging Strait of Hormuz tensions. WTI crude jumped ~8%-9% above $105/bbl amid supply risks. The World Internet Conference Asia-Pacific Summit opened in Hong Kong, focusing on digital trade and cross-border connectivity. Secondary highlights include Disney’s €2bn Paris expansion, China’s Taihang 7 gas turbines entering the global offshore energy market, Fuzhou Port’s Q1 vehicle export record, and Shenzhen’s new cross-border e-commerce customs yard cutting clearance time by ~40%.