After Killing Three Indian Mariners, US Bombs Another Tanker in the Gulf of Oman

Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes The latest snapshot of the global PC market, from International Data Corporation's first-quarter shipment tracker, shows units rising 2.5% year over year to 65.6 million. "Despite deteriorating macroeconomic conditions and memory shortage issues, the PC market recorded another quarter of positive growth," IDC wrote in the report published on Thursday morning. IDC said last quarter's growth was "mostly fueled by the anticipation of rising component prices, Windows 10 migration, and new product introductions." Jean Philippe Bouchard, research vice president at IDC, noted, "The...

Aramco CEO Says Energy Market May Not Normalize Until 2027 Amid Billion-Barrel Supply Shock From the Trump administration's recent Project Freedom push to mounting warnings from Wall Street analysts, security experts, energy strategists, and major oil company executives, there is a growing sense that the global energy market is quickly approaching a breaking point due to the heavily disrupted Strait of Hormuz. There was good news over the weekend, as a Qatari LNG tanker transited the Hormuz chokepoint. However, a second tanker from the energy-rich Gulf country abruptly made a U-turn...