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``` Trump called Reliance Industries’ refinery project in Texas a "historic $300 billion deal," but the company’s actual initial investment was only around $40 million—over 7,500 times less. According to the Financial Times report on June 8, the refinery project in Brownsville, Texas, is led by

The demand for power equipment in AI data centers is reshaping the entire landscape of the power generation equipment market. According to HSBC’s latest research report, natural gas generator sets are rapidly replacing gas turbines, becoming the preferred transitional main power source for AI data centers, with supply-demand imbalances

As the US-Iran ceasefire progresses, guidance on safe passage through the Strait of Hormuz remains unresolved, and prospects for commercial vessel escort arrangements are unclear in the short term. On April 8, Bloomberg reported that Jakob Larsen, Chief Security and Safety Officer of Bimco, the world’s largest shipping trade

``` The explosive expansion of AI infrastructure is creating a structural supply-demand imbalance. Dell Technologies CEO Michael Dell warns that as the memory capacity per accelerator and the scale of data center deployments expand in sync, global AI memory demand will surge 625 times compared to current levels, while the supply

``` British Prime Minister Starmer will head to the Gulf region on Wednesday to meet regional leaders for talks aimed at achieving the permanent opening of the Strait of Hormuz. In a statement, Starmer welcomed the reaching of the ceasefire agreement, saying it would bring a "moment of relief"

``` High oil prices are opening up a rift in US fuel consumption. Barclays' latest research report, based on its proprietary credit card transaction data, finds early signs of shrinking US consumer fuel demand—both fuel-up frequency and amount per refueling are decreasing, and the suppressive effect of high oil