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Real-time News
Iraqs Deputy Oil Minister stated that two oil tankers are ready, with two more to be deployed depending on the situation in the Strait of Hormuz. Following the resolution of the Hormuz crisis, Iraq could restore its oil production and exports to normal levels within seven days.Iraqs Deputy Minister of Oil: Exports through Ceyhan amount to 200,000 barrels per day.Iraqs Deputy Minister of Oil: Oil production is 1.5 million barrels per day.May 2nd - According to foreign media reports, a representative stated that major OPEC+ countries have reached a preliminary agreement on a small but symbolic increase in supply targets for June, marking the organizations first action since the unexpected withdrawal of the UAE. The representative said that seven countries, led by Saudi Arabia and Russia, will collectively increase production by 188,000 barrels per day next month, with the agreement to be finalized at a video conference on Sunday. Three representatives had already indicated last week that this was their expectation. Like the planned production increases this month, this increase remains largely symbolic, as OPEC cannot actually implement the increases unless the Strait of Hormuz reopens and Persian Gulf exports resume.On May 2nd, Berkshire Hathaway announced a prudent and pragmatic strategy for advancing AI applications. The company explicitly stated that it will not blindly pursue general-purpose AI, but will focus on precisely applying narrow-sense AI to real-world business scenarios. To this end, Berkshire has established three application principles: First, it will bring in high-end technical talent and engineering teams to drive deployment, with senior executives and experienced teams participating in system architecture and implementation; second, it will strictly adhere to security governance bottom lines, strengthen data integration and risk control, and continuously verify the consistency between AI output results and business objectives; third, it will insist that core decision-making power must be controlled by humans, with AI serving only as an auxiliary tool, and all key management, risk control, and business decisions being entirely the responsibility of humans. Simultaneously, the company also emphasizes employee skills retraining to adapt to job transformations in the AI era and strictly controls the operational and compliance risks accompanying the application of technology, ensuring that AI complements rather than replaces its core business.
