The 'crude oil futures' of the AI world are coming: CME announces the launch of a computing power futures market.

①The CME Group announced a partnership with Silicon Data to launch the world's first AI computing power futures market, currently pending regulatory review; ②The press release explained that computing power is regarded as a core resource for AI development, with demand continuously surging, yet the market lacks tools to hedge against price volatility.

cls.cn00:47

Express News | Iranian Official: If Attacked Again, Iran May Choose to Increase Uranium Enrichment to 90%

BreakingsMay 12 15:04

The UAE involved in the conflict? Reports claim it secretly attacked Iran, hitting an oil refinery on an island in the Persian Gulf in April.

According to reports, the UAE has long attempted to maintain a relatively balanced position between Iran and the West. However, as Iran's ongoing missile and drone attacks on the UAE territory continue to impact key industries such as aviation, tourism, and real estate, the UAE government’s stance has shifted, increasingly favoring the use of its advanced military capabilities to directly counter the Iranian threat. Following the report, crude oil prices extended their gains, with West Texas Intermediate (WTI) climbing towards $99 per barrel.

wallstreetcnMay 12 05:27

Express News | According to the Wall Street Journal, sources reported that the UAE had previously carried out a military strike against Iran. The UAE’s attack included an assault on an oil refinery located on Iran's Lavan Island. The UAE has not publicly acknowledged it

BreakingsMay 12 04:12

Saudi Aramco CEO: If the Strait of Hormuz remains closed, global oil markets could lose 100 million barrels of supply per week.

①Amin Nasser, CEO of Saudi Aramco, warned that a supply disruption in the Strait of Hormuz could lead to a loss of approximately 100 million barrels of crude oil per week in the global oil market; ②Nasser pointed out that if the reopening of the Strait of Hormuz is delayed by several weeks, the oil market may not fully return to normal until 2027. Meanwhile, Saudi Aramco is exploring options to expand the export capacity of Yanbu Port in the Red Sea to more than 5 million barrels per day.

cls.cnMay 12 03:01

Express News | U.S. Officials: Trump Convenes Senior Leaders to Assess Renewed Military Action Against Iran

BreakingsMay 12 00:44