Stock Market News·2026-03-05 10:38Geopolitical Tensions and Energy Security - The Middle East conflict is prompting major economies to prioritize energy security, with India engaging in high-level talks with the IEA and OPEC to stabilize crude oil supply amid volatility in the Strait of Hormuz [2] - India is negotiating with the U.S. for maritime insurance and may adjust domestic gas supplies if the regional crisis escalates [2] - France has authorized U.S. military use of its bases for regional operations, coinciding with heightened threat levels declared by Qatar [3] - Azerbaijan has warned of consequences for Iranian attacks, indicating potential for broader regional conflict [3] - The Kremlin remains cautious, noting that Iran has not sought arms from Russia, while the EU considers delaying a ban on Russian LNG imports to mitigate energy price shocks [4] Trade Disputes and Manufacturing Threats - China has intensified restrictions on BHP Group, instructing steel mills to halt purchases of "Jinbao fines," escalating from previous bans and impacting 2026 contract negotiations [5] - Nissan has warned the UK government that its Sunderland plant could close if excluded from "Made in Europe" rules, which would impose tariffs on EU exports [6] Corporate Earnings and Economic Outlook - JD.com reported fourth-quarter net revenue of CNY 352.28 billion, exceeding analyst estimates of CNY 349.89 billion, despite an adjusted EBITDA loss of CNY 823 million, which was better than the anticipated loss [7] - Eurozone Retail Sales for January increased by 2.0% year-over-year, surpassing the 1.7% consensus, although month-over-month sales dipped by 0.1% [8] - ECB officials express concerns about short-term inflation spikes due to the Iran conflict, with differing views on the potential impact depending on the conflict's duration [9]