Iran missile hit Haifa refinery on March 19, 2026, causing minor damage and power outages; Israel retaliated, sparking international support for Strait of Hormuz security and potential oil market stabilization efforts.

Nvidia forecasts $1 trillion in AI chip sales by 2027 due to surging global AI demand.

A Qatar gas facility attack risks energy shortages, especially in Asia.

Three men, including a Super Micro exec, were charged for smuggling U.S. AI servers with Nvidia chips to China, violating export laws.

Amazon is developing a new AI-powered smartphone, codenamed "Transformer," to deepen integration with its ecosystem.

Broadcom projects AI chip revenue over $100B by 2027, driven by custom AI chips for major tech firms.

Two Canadian cargo ships remain stuck in the Persian Gulf after U.S.-Israel strikes on Iran disrupted shipping through the Strait of Hormuz.

3,800 meatpacking workers begin strike over pay, safety, and job security.

The IEA urges global demand cuts to counter oil crisis from Middle East conflict, urging remote work, lower speeds, and transit use.

U.S. eases Venezuela oil sanctions for select companies amid global supply efforts.