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US Moves To Further Restrict China's Access To Advanced AI Chips

US Moves To Further Restrict China's Access To Advanced AI Chips Authored by Evgenia Filiaminova via The Epoch Times, The U.S. Department of Commerce has issued new guidance to prevent Chinese companies from obtaining advanced U.S. artificial intelligence (AI) chips, such as Nvidia’s most sophisticated Blackwell processors, through overseas subsidiaries. The May 31 guidance clarifies that export licenses are required for entities headquartered in China or Macau, regardless of where their affiliates are located. The U.S. Commerce Department’s Bureau of Industry and Security (BIS) said that licensing requirements for advanced computing items destined...
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Apr 11, 2026 / Tyler Durden
The 'Leading UK Scientists' Letter Urging Abandonment Of North Sea Is Ideology Masquerading As Science
The 'Leading UK Scientists' Letter Urging Abandonment Of North Sea Is Ideology Masquerading As Science Authored by Tilak Doshi via Tilak’s Substack, The Financial Times reported on Good Friday that “more than 65 leading UK scientists” had signed an open letter, published as a Google Doc, urging the Government to abandon new North Sea oil and gas drilling in favour of renewables. “Here is the scientific establishment speaking with one voice,” the FT tells us, warning against the supposed folly of extracting what remains of Britain’s hydrocarbon resources and to choose renewables that, according to the scientist-signatories, provide...
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Apr 23, 2026 / Tyler Durden
Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets
Andurand's "Hedge" Fund Lost 52% In First Two Weeks Of April On Levered Oil Bets Three weeks ago, when Bloomberg pointed out that Andurand was the best performing hedge fund in March thanks to its notorious levered long oil positioning (and really nothing else), we said they may want to refresh his exposure after the April 7 oil crash. May want to F5 on Andurand after today's near record oil crash https://t.co/tlkgz3dXJa — zerohedge (@zerohedge) April 8, 2026 Three weeks later, they did: according to a report published this morning, Pierre Andurand’s largest "hedge...
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Apr 20, 2026 / Tyler Durden
Hormuz Traffic At Standstill After US Ship Seizure
Hormuz Traffic At Standstill After US Ship Seizure Confirming the Schrodinger nature of the notorious waterway, the Strait of Hormuz is now just closed even more than before Iran and the US said the vital oil channel had been reopened. Traffic through the strait on Sunday and Monday was reduced to a trickle following a Saturday surge, after Tehran rejected a continuing US naval blockade and moved to seal the waterway again. The reduced movement underscores just how quickly hopes unraveled that cargoes could once again resume. On Friday, Iran’s Foreign...
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