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On May 17th, CNN reported that multiple sources familiar with the matter revealed that U.S. officials suspect Iranian hackers may be behind a series of intrusions into fuel storage monitoring systems at gas stations in multiple states. Sources stated that the hackers exploited security vulnerabilities in the Automated Tank Measurement (ATG) systems, which are directly connected to the internet and lack password protection. This allowed hackers to gain access and, in some cases, even tamper with the data displayed on the tanks, without altering the actual fuel levels inside. There is currently no indication that these cyber intrusions caused any physical damage or personal injury. However, private security experts and U.S. officials have stated that these incidents have raised security concerns because, theoretically, gaining access to the ATG system could prevent fuel leaks from being detected in a timely manner.According to local media reports, a fire broke out at the Olmeca oil refinery in Mexico early Saturday morning.On May 17th, the Trump administration allowed a sanctions waiver that encouraged the sale of Russian crude oil to expire, despite concerns about tightening global oil supplies and rising fuel costs stemming from the Iran war. This expiration effectively ended the Trump administrations brief easing of sanctions on Russian oil. During this period, previously prohibited oil purchases were permitted. The Trump administration first issued waivers in March of this year, and then renewed them after the initial waivers expired in April. However, both waivers only applied to a portion of Russian crude oil already loaded onto tankers. These waivers have been highly controversial, particularly among the USs European allies. Europe argues that sanctions are a crucial means of cutting off Russian oil revenues and weakening Moscows ability to finance the Russia-Ukraine conflict. However, some countries, including India and Indonesia, have been lobbying the Trump administration to extend the sanctions waivers.Israel Defense Forces: Initial reports indicate that alarms have been raised regarding enemy aircraft infiltration in the Shlomi and Hanita areas. Further details are under investigation.Rocket sirens sounded in Hanita, northern Israel.

Foxconn's CEO Will Visit A COVID-19-affected IPhone Factory in China - Source

Aria Thomas

Feb 21, 2023 11:24

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Foxconn Chairman Liu Young-way departed Tuesday for a four-day inspection of the company's iPhone manufacturing facility in Zhengzhou, China, according to a source with firsthand knowledge of the situation.


This will be Liu's first visit to the world's largest Apple (NASDAQ:AAPL) iPhone factory in his capacity as chairman. According to a source, his primary objectives will be to examine conditions following the resumption of production and to engage in substantial dialogue.


Once known as Hon Hai Precision Industries Co., Foxconn declined to comment. The source refused to reveal their identity because they were not authorized to speak to the media.


The iPhone plant of the Taiwanese corporation was struck by a COVID-19 outbreak late last year, which caused thousands of worker departures, unrest, and production difficulties.


In January, Foxconn reported that production at its Zhengzhou facility had "returned to normal."