Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway

Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz

U.S. President Trump warned of “military consequences … at a level never seen before” if mines were not removed.
Trump says U.S. will build first refinery in 50 years with investment by India’s Reliance Industries

U.S. President said India’s largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.
AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

A Cerebras deal from one of the world’s top cloud providers could be a big boon for a company that’s trying to hit the public market.
Disney names Disneyland Resort President Thomas Mazloum chair of parks group

Mazloum will oversee the company’s portfolio of theme parks, cruise ships, resort hotels and consumer products, the company announced on Tuesday.
Stock futures are little changed ahead of consumer inflation report: Live updates

The S&P 500 and the Dow Industrials ended Tuesday’s session lower after a bout of volatile trading.
Ford launches new AI to grow multibillion-dollar Pro commercial business

Ford CEO Jim Farley last month said diversifying Pro’s revenue — specifically in software — is a crucial growth area for the company.
Microsoft says court should temporarily block Pentagon’s blacklist of Anthropic

Microsoft threw its support behind Anthropic and advocated for a temporary restraining order to the Pentagon’s supply chain risk designation.
New inflation data is set for release Wednesday. How to trade it

Traders see the February consumer inflation report as a major inflection point for their Federal Reserve outlooks.
Gas prices threaten Republican lawmaker’s plans to win on affordability

House Republicans plan to keep control of that chamber on a message of low costs. But higher oil prices could complicate that message.