Ukraine allows allies to train AI models on its battlefield data
Ukraine's four-year war with Russia has made it the world leader in battlefield drone technology. One byproduct of that is that the data it collects has become one of the country's most valu [...]
U.S. is letting Iranian oil tankers through the Strait of Hormuz, Bessent says
Treasury Secretary Scott Bessent says the U.S. is allowing Iranian oil tankers through the Strait of Hormuz to keep global oil markets well supplied. [...]
Oil is sliding toward a weekly loss as Strait of Hormuz talks hit obstacles
Fee disputes and U.S. sanctions concerns are complicating a proposed deal to reopen the strait, through which a fifth of global oil normally flows [...]
Oil briefly falls below $100 and stocks rebound as Trump pushes allies to secure the Strait of Hormuz
The brief respite came as Trump said his administration plans to identify soon which countries will join U.S.-led efforts to protect shipping in the strait [...]
China’s electric taxis are blunting the Hormuz oil shock, but only at the margins
China’s crude oil imports fell 41.3% in June from a year earlier to 29.27 million tonnes, the lowest monthly total since October 2016, according to customs data released on 14 July. Five months in [...]
The Strait of Hormuz Has Been Closed for 100 Days. Why Aren’t Oil Prices Higher?
President Donald Trump says a secret mission moved 100 million barrels of oil through the blocked Strait of Hormuz. That number is impossible to verify. [...]