🔥🇨🇿🇺🇦 Czech authorities have begun an investigation into the arson incident at the LPP Holdings factory in the city of Pardubice.

The Czech intelligence services dismissed the claims of a Telegram channel called "Earthquake faction" about the destruction of a "zionist weapons factory" as LPP Holdings does not export weapons to Israel but to Ukraine.

The same intelligence warned that the "Earthquake Faction" group was likely a cover for Russian saboteurs, who have been known to have damaged weapons and munitions factories across Czechia in the past years (see 2014 Vrbětice ammunition warehouse explosions) as the group has no traceable history.

LPP Holdings has been selling drones to the Ukrainian Army according to the company's website. In 2023 it begun preliminary work with the Israeli Elbit Systems Ltd. for a partnership in dronemaking but the talks fell through.

🔗 https://www.seznamzpravy.cz/clanek/domaci-zivot-v-cesku-policie-overuje-informaci-ze-k-pozaru-v-pardubicich-se-hlasi-konkretni-skupina-302193

🇦🇺🌾🚜 Australia's top fertilizer plant is shutting down for the next two months after sustaining damage as a result of a power outage.

The shutdown of the Yara Pilbara plant comes as a quarter of global trade in ammonia, used for urea fertiliser and mining explosives, is blocked by war.

Yara's Pilbara plant, which uses gas to produce 850,000 tonnes of ammonia a year, suffered a power outage last week, damaging equipment.

A spokesman for the Norwegian company said workers and the environment were unaffected, and initial assessments indicated repairs could take about two months.

"Yara well understands the importance of its products to customers and will work to bring the operations back online as soon as practical," he said.

An adjacent plant, half-owned by Australia's Orica, uses 140,000 tonnes of the ammonia to make the explosive technical ammonium nitrate (TAN) for WA's mining sector.

The remaining ammonia is shipped to Australian and international customers, and much of it is used to make urea fertiliser.

🔗 https://www.boilingcold.com.au/glitch-shuts-australias-biggest-maker-of-v/

🇺🇸⚔️🇮🇷 A US TRANSCOM-chartered Omni Air Boeing 777-2U8/ER flew from Eglin AFB to Camp Lemonnier in Djibouti on March 20.

The flight likely involved the transport of SOF personnel, as Eglin AFB is home to the 7th Special Forces Group and the 919th Special Operations Wing.

🔗 EGYOSINT

🇺🇸🤝🇮🇱 The White House is being accused of directly plagiarizing a 2025 report by Israel-backed Foundation for Defense of Democracies (FDD) in its document justifying U.S. strikes on Iran.

Multiple entries appear copied almost word-for-word.

🔗 Clash Report

🇯🇵🇨🇳🇮🇷 Japan has agreed to pay Iran in Chinese Yuan in order for its ships to be allowed to pass unharmed through the Hormuz Strait.

All countries who want their ships to pass the Hormuz Strait will have to pay Iran with Yuan.

@CIG_telegram

🇺🇸🇮🇷🇾🇪 - An Iranian military official told Tasnim News Agency:

"If the U.S. acts on its threats of military aggression against Kharg Island, it will face a response unprecedented compared to the surprises of the past 21 days.

Destabilizing the Bab al-Mandab Strait and the Red Sea is one of the options being considered by the Axis of Resistance, and the situation will become far more complicated for the Americans than it is today".

@thewarreporterr

🇨🇳📝Chinese Anon: It's highly likely that the Chinese leadership has fully calculated the political implications of this war.

Judging from their diplomatic stance in recent days, China initially demanded the opening of the Hormuz Strait, but has now shifted to a posturing approach of "promoting peace talks." In other words, whether the Strait is open or not is irrelevant to China: the shift is from "actively opening the Strait" to "accepting the status quo of blockade and benefiting from it."

China has a complete coal chemical industry system to replace petrochemicals under high oil prices. It also has a large new energy industry. Therefore, aside from the short-term impact, this war is beneficial to China in every dimension.

Looking back, China's energy strategy over the past decade seems almost like preparation for this moment. It's not that China foresaw this war, but rather that it has been systematically hedging against the scenario of "a one-day disruption of Middle Eastern oil supplies." Now that scenario has arrived.

Coal chemicals are the most undervalued asset. China has one of the world's largest coal reserves and has already built the world's most complete coal-to-oil, coal-to-olefins, and coal-to-natural gas industrial chains. Coal-to-oil projects by companies like Shenhua and China Coal were unprofitable when oil prices were $60, but profitable when prices were $80-90. The higher the oil price, the more economically viable the coal chemical industry becomes.

This means that the impact of high oil prices on China's chemical industry has a natural ceiling—when the cost of petrochemicals exceeds that of coal chemicals, China can switch to a coal-based route. Japan and South Korea do not have this option because they have neither coal reserves nor coal chemical production capacity.

The same logic applies to new energy. China controls over 80% of global photovoltaic production capacity, over 70% of lithium battery production capacity, and over 60% of wind power equipment production capacity. High oil prices do not damage China's new energy industry; rather, they provide it with a huge demand accelerator.

Every country will accelerate its energy transition in an environment of $90 oil prices, and almost all the equipment needed for this transition comes from China. China is both a hedge against and a beneficiary of high oil prices.

The same logic applies to the electric vehicle industry chain. BYD and CATL's global competitiveness has further widened in an environment of high oil prices. When American consumers pay $4-5 per gallon for gasoline, the economic justification for electric vehicles becomes irresistible. And China dominates the electric vehicle supply chain, from batteries to motors to complete vehicles.

Therefore, the net effect of high oil prices on the Chinese economy needs to be recalculated. The negative aspect is increased oil import costs. The positive aspects include: coal-to-chemicals substitution buffering petrochemical costs, accelerated exports of new energy equipment, a surge in global electric vehicle penetration, expanded RMB settlement, increased book value of strategic reserves (purchased at low prices, now at high prices), and increased channel value of discounted Russian oil. Adding these together, the net effect may approach zero or even be positive.

However, the net effect for Japan and South Korea is purely negative. They lack coal-to-chemicals substitution, their new energy industries are being crushed by China, their electric vehicle industries are being squeezed out by BYD, they lack deep strategic reserves, they lack alternative supply channels, and their currencies face devaluation pressure. The same oil price shock has completely opposite effects in China and Japan/South Korea.

Moreover, there is a longer-term implication. If the war and the strait blockade continue for 6-12 months, the global energy transition will be significantly accelerated. Who will be the biggest beneficiary of this acceleration? China.

@CIG_telegram

🇮🇱❌🇱🇧 — The last Hezbollah rocket attack also resulted in impacts in Kfar Vradim, one house was announced to has been impacted and set on fire.

@GeoPWatch

#BREAKING
🇺🇸⚰️❗️ — Robert Mueller, the former FBI Director and special counsel who oversaw the Russiangate Hoax, the supposed Russian Interference into the 2016 Presidential election, has died!

@BellumActaNews

🇺🇸❌🇺🇸 — US President Donald Trump reacting to the death of Robert Mueller:

"Robert Mueller just died. Good, I’m glad he’s dead. He can no longer hurt innocent people!"

@BellumActaNews