Trump Says He Will Make a ‘Mutual’ Decision With Netanyahu on When To End Iran War

Kuwait Declares Force Majeure As US Seizure Of Iranian Ship Escalates Tensions By Charles Kennedy of OilPrice.com Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf. The move comes as tensions in the Strait escalated again following the U.S. seizure of an Iranian-flagged cargo vessel in the waterway. According to Reuters, Kuwait Petroleum Corporation has notified customers that it is invoking contractual clauses allowing it to withhold certain scheduled deliveries after the blockade hindered...

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...

BMW Puts Next-Gen Humanoid Robots To Work On Factory Floors In South Carolina Before humanoid robots enter the modern battlefield alongside ground bots and low-cost suicide drones, these bipedal robots are first being unleashed on factory floors and inside warehouses, where the physical world of AI is beginning to take shape.  The latest development in humanoids entering factory floors comes from BMW's Spartanburg factory, where the Figure 03 robots were deployed earlier this week.  "Following the successful deployment of Figure 02 on the assembly line in 2025, our latest generation robot...