Doug Krisner
๐ค SpeakerAppearances Over Time
Podcast Appearances
A handful of Iran-linked ships have traveled through this choke point, and three Chinese oil tankers, fully laden with Saudi and Iraqi crude, sailed toward Hormuz.
Iran said any vessels transiting the strait would need army approval.
But even with a pickup in traffic, the return of energy supplies will not be instant.
Output has been reduced at oil and gas fields, while refineries have curtailed production or even shut it down.
And Saudi Arabia has lost more than a half million barrels of daily output due to those Iranian attacks.
Today, oil prices rose, with U.S.
crude closing up nearly 3.7%.
to $97.87.
And after the New York close, President Trump warned Iran against charging tolls on vessels moving through the Strait.
Treasury Secretary Scott Besant and Fed Chair Jay Powell have called Wall Street CEOs to an urgent meeting.
We are told the aim is to make sure banks are aware of possible future risk raised by Anthropic's latest AI model, Mythos.
Now, the banks will be urged to take precautions to defend their systems against a new breed of cyber attacks considered one of the biggest risks facing the financial industry.
NATO Secretary General Mark Rutte said the alliance is moving Europe from having an unhealthy codependence on the U.S.
Rutte's remarks come a day after President Trump criticized NATO over its lack of support during the Iran war.
Here is Rutte speaking at the Ronald Reagan Institute in Washington.
That is NATO Secretary General Mark Rutte.
Russian President Vladimir Putin announced a brief ceasefire in Ukraine over the Orthodox Easter weekend.
The Kremlin said the ceasefire would begin at 4 p.m.
on Saturday and would continue through Sunday.
Now, this move follows a proposal from Ukrainian President Volodymyr Zelensky earlier this week to pause attacks on each other's energy infrastructure over the holiday weekend.