Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping data showed, as the interim deal between Iran and the U.S. unlocks more supply stuck in the Gulf, bringing down global prices.
A dramatic selloff in chip stocks has Wall Street asking whether the AI boom is hitting a wall.
South Korea’s SK Hynix said on Wednesday it plans to raise up to 45.45 trillion won ($29.43 billion) via the listing of American Depositary Receipts, as it seeks to expand its investor base and production capacity for chips used in artificial intelligence.
As night falls over Mount Penteli and the streetlights of greater Athens wink in the valley below, a team of three from Greece’s forestry service carry out what they say is a near-impossible task: scouting hills that surround the capital for wildfires.
Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.
Healthcare centres and critical sites were being prioritised in the scramble to restore power, with generators provided to tide over retirement homes after outages blamed on a transformer incident.
NATO Secretary-General Mark Rutte is set to meet with President Donald Trump at the White House on Wednesday, seeking to ease tensions over the Iran war and U.S. threats to draw down troops in Europe ahead of a pivotal NATO leaders summit in July in Ankara.
Chinese automakers may be shut out of India, but their electric-vehicle technology is starting to make inroads in the world’s third-largest car market.
Lawler is seen as one of the most vulnerable House members heading into November’s midterm elections.
The Vatican on Tuesday reaffirmed a long-standing rule that only an ordained priest or deacon can give a sermon at a Catholic mass, rejecting a request from German bishops to broaden the practice and allow sermons by women or other laypeople.