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China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Crude
China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Crude
Chinese Foreign Ministry spokeswoman Mao Ning said at Tuesday's regular press briefing in Beijing that all parties in the Iran conflict must ensure the safe transit of commercial shipping through the critical maritime energy chokepoint of the Strait of Hormuz.
"China urges all parties to immediately cease military operations, avoid escalating tensions, and safeguard the safety of navigation in the Strait of Hormuz," spokeswoman Ning said.
We've briefed readers that China is heavily exposed to...
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Mar 6, 2026 / Tyler Durden
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials
The Trump-ordered US-Israeli attack on Iran is continuing to create an array of 'unknowns' while steadily drawing in outside powers, with the most significant Friday development being The Washington Post reporting that Russia has been providing Iran with intelligence on the locations of US military assets in the Middle East, including warships and aircraft.
US officials described the effort as "a pretty comprehensive effort" by Moscow, though the accuracy of the intelligence remains unclear - the paper admits. What follows is the money quote:
"Russia...
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Apr 24, 2026 / Tyler Durden
White House Expects 'Swift' Warsh Confirmation After DOJ Drops Powell Criminal Probe
May 29, 2026 / Tyler Durden
662 Billion Reasons To Worry: Moody's Raises AI Data-Center Funding Fears As Apollo Shops Huge Anthropic Debt Deal
662 Billion Reasons To Worry: Moody's Raises AI Data-Center Funding Fears As Apollo Shops Huge Anthropic Debt Deal
Unless you have lived under a rock for the last year (or month), you will know that the explosive growth of artificial intelligence is fueling a massive infrastructure buildout.
In a chart book published nearly simultaneously with Moody’s report, Apollo Global Management chief economist Torsten Slok worked to put the enormity of data center spending into perspective.
With total capital expenditure on data centers estimated at roughly $646 billion, or about 2% of U.S. GDP, Slok noted that is...
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