South Korea Issues Level 1 Energy Alert, Vows To Crack Down On Price Gouging And Other Market-disrupting Activities. Due To The Impact Of The US And Israeli Military Strikes On Iran On International Energy Supplies, South Korea's Ministry Of Trade, Industry And Energy Issued A Level 1 Energy Alert On March 5, Warning Of A Crackdown On Price Gouging And Other Market-disrupting Activities. Level 1 Is The Lowest Level In South Korea's Four-tier National Resource Security Alert System. According To Yonhap News Agency, The Ministry Stated That South Korea Has Sufficient Short-term Energy Supply Capacity, And The Alert Is A Preventative Measure Against A Potential Energy Crisis To Minimize The Impact On People's Livelihoods And Business Production

[Qatar Gas Supply Disruption Triggers Chain Reaction: Indian Gas Prices Double, Hitting Industrial Users] As The Middle East Conflict Intensifies And Fuel Supplies Tighten, Adani Comprehensive Gas Company Limited (ACU) Has Doubled And Then Doubled The Price Of Gas Supplied To Industrial Users Exceeding 40% Of Their Daily Quota. According To An Official Prior To Public Disclosure, The Company Has Raised The Price Of Natural Gas For Large Users Exceeding The Threshold From 40 Rupees To Nearly 120 Rupees Per Standard Cubic Meter. The Company Primarily Supplies Natural Gas To Households, Industries, And Vehicles. Reuters Previously Reported That The Price Adjustment Took Effect At 6:00 AM Indian Time On Wednesday. The Official Stated That Large Consumers Such As Industrial And Commercial Units Account For 30% Of Adani Comprehensive Gas Company's Demand, And This Demand Is Entirely Met Through Imports

London Metal Exchange Copper Stocks In US Jump 44% As Higher Prices Attract Metal

[Saudi Arabia Deploys Yanbu Port To Safeguard Global Oil Supply By Bypassing Red Sea Blockade] Due To The Iranian War's Blockade Of The Strait Of Hormuz, A Crucial Shipping Route, And The Resulting Saturation Of Regional Oil Storage Tanks, Saudi Arabia Is Diverting Millions Of Barrels Of Crude Oil To Ports Along The Red Sea Coast To Help The World's Largest Oil Exporter Maintain Its Supply To Global Markets. Tanker Tracking Data Shows That Five Supertankers Have Already Loaded At The Western Port Of Yanbu This Month, And The Port's Exports Have Climbed To Three Times The Average Level In February. Data Shows That In The First Four Days Of March, Five Very Large Crude Carriers (VLCCs) Departed From Yanbu Port On Saudi Arabia's Red Sea Coast. These Vessels Can Collectively Carry Approximately 10 Million Barrels Of Crude Oil

Brazil's Jobless Rate Rises To 5.4% In Quarter Through January

Stats Agency - Mexico Dec Gross Fixed Investment +0.5% Month/Month

Stats Agency - Mexico Feb Seasonally Adjusted Consumer Confidence 44.4

German Government Plans To Increase Pensions By 4.24% From July, Labour Minister Tells Reuters

According To Iranian Television Reports, Iran Claims To Have Launched A Drone Attack On US Troops Stationed In Kuwait