Keep pulling the thread on Edward Fishman.
The war started by the United States and Israel in February was initially aimed at achieving regime change in Iran.
The conflict between the U.S. and Iran has become centered on Iran's closure of the Strait of Hormuz due to the pressure it imposes on the global and U.S. economies.
Iranian government officials view the Strait of Hormuz as a potential $40 billion annuity from charging service, insurance, and other fees to passing ships.
Iran is threatening to strike ships with drones or missiles if they attempt to sail through Omani waters.
Ukrainian attacks on Russian refining capacity have caused an additional 1.5 million barrels of Russian crude oil to be exported onto global markets.
Meta claims its new Muse Spark 1.1 model has surpassed Google's Gemini in most of the benchmarks it measured against.
Meta plans to sell access to its Muse Spark 1.1 model to developers through an API, a business model similar to those of Anthropic and OpenAI.
Mark Zuckerberg has committed to spending $600 billion on AI infrastructure projects across the U.S. over the next couple of years.
Meta is building a single data center in Louisiana that is expected to cost upwards of $200 billion.
After it became apparent regime change in Iran would not happen, the United States scaled back its war aims to focus on denuclearization.
A memorandum of understanding signed last month between the U.S. and Iran left serious ambiguities over the future status of the Strait of Hormuz.
An estimated $40 billion in annual revenue from the Strait of Hormuz would effectively double the amount of money Iran earns from its primary export, oil.