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Hormuz blocked, storage tanks saturated, Iraq's daily production cut could reach 3 million barrels.

Hormuz blocked, storage tanks saturated, Iraq's daily production cut could reach 3 million barrels.

``` Iraq has begun shutting down production at its largest oil field as crude oil storage tanks are reaching capacity. If the blockade of the Strait of Hormuz continues, the country's daily output loss could reach 3 million barrels, which is two-thirds of its total production capacity. According to

New York Fed's Williams: Further rate cuts depend on inflation progress; tariff impact is a "one-off shock".

New York Fed's Williams: Further rate cuts depend on inflation progress; tariff impact is a "one-off shock".

Tariff shocks and inflation trends are becoming key variables for the Federal Reserve’s next move. New York Fed President John Williams said on Tuesday, If inflation continues to decline after the effects of tariffs gradually fade, the Fed will have reason to further cut interest rates. Williams expects tariffs

S&P downgraded SoftBank's rating to negative, saying its $30 billion investment in OpenAI may undermine credit quality.

S&P downgraded SoftBank's rating to negative, saying its $30 billion investment in OpenAI may undermine credit quality.

``` S&P Global has downgraded SoftBank Group’s credit outlook from stable to negative, citing its plan to further invest $30 billion in OpenAI, which could harm its liquidity and asset credit quality. This rating action has raised new doubts about the financial soundness of the Japanese tech investment

Pushes second-generation VLA, XPeng bets on L4 with both mass-produced cars and Robotaxi simultaneously.

Pushes second-generation VLA, XPeng bets on L4 with both mass-produced cars and Robotaxi simultaneously.

``` Start of the new year, XPeng Motors Chairman and CEO He Xiaopeng stated in the company’s work resumption letter that the DeepSeek moment for autonomous driving has arrived. Focusing on this core business priority, XPeng’s advancement speed is rapid.On March 2, He Xiaopeng officially announced: XPeng’s

Middle East turmoil hits "the best-performing stock market of the year": South Korean stocks see the biggest single-day drop in 18 months, Samsung and SK Hynix shares plunge about 10%.

Middle East turmoil hits "the best-performing stock market of the year": South Korean stocks see the biggest single-day drop in 18 months, Samsung and SK Hynix shares plunge about 10%.

``` South Korea's stock market cooled rapidly from "the world's strongest" in just one trading day. Driven by a combination of factors, including rising oil prices due to Middle East tensions and decreased global risk appetite, the Kospi index—previously a year-to-date leader—suffered concentrated

European natural gas crisis just beginning? Morgan Stanley: Current prices only reflect 1-2 weeks of disruption; if Qatar stops production for several months, prices could double again!

European natural gas crisis just beginning? Morgan Stanley: Current prices only reflect 1-2 weeks of disruption; if Qatar stops production for several months, prices could double again!

The European natural gas market is repricing shocks from Middle Eastern geopolitics. According to Chase the Wind Trading Desk, Morgan Stanley's latest report points out that the European natural gas benchmark TTF surged sharply, driven by news of LNG transport halts in the Strait of Hormuz and production

First meeting in a year and a half! Trump plans to intensify offensive, Brent oil surges past $85

First meeting in a year and a half! Trump plans to intensify offensive, Brent oil surges past $85

March 3, Brent crude oil prices broke through $85/barrel for the first time since July 2024. The rapid escalation of conflict in the Middle East and the complete disruption of oil and gas transport through the Strait of Hormuz are the core factors driving this round of price surge,