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Real-time News
April 19th - According to CNN, U.S. Energy Secretary Frank Wright stated in an interview on Sunday that Americans may have to wait until next year to escape gasoline prices exceeding $3 per gallon. Wright said that while the ongoing war with Iran has caused gasoline prices to soar, he is unsure when prices will fall below $3 again. "It could be later this year, or it could be next year," Wright said. "But prices have likely peaked and will start to decline, especially if the conflict is resolved." He also stated that ending the 47-year conflict and preventing Iran from acquiring nuclear weapons will certainly bring short-term disruption. However, he believes the U.S. has handled the situation exceptionally well. The U.S. is currently experiencing the largest energy flow disruption in history, and gasoline prices peaked a week ago, about $1 lower than the peak during the Biden administration.On April 19th, local time, the head of the security department in Gombad Kavus, Iran, stated that a fire broke out at a factory in the city around 2 PM local time. It is understood that the black smoke billowing from the scene was caused by the burning of materials inside the factory. The factory is located far from the city center and oil and gas facilities, and relevant departments have preliminarily determined that the fire does not pose a direct threat to the surrounding area. The report stated that the cause of the fire is still under investigation, and there are no reports of casualties.According to Al Jazeera: According to data cited by US media, at least 13 oil tankers turned back to the Persian Gulf on April 18.On April 19th, it was learned from the National Development and Reform Commission (NDRC) that the NDRC, together with relevant departments, recently issued the second batch of "major and key" construction projects for 2026, allocating a total of 216.8 billion yuan in ultra-long-term special treasury bonds to support 336 major projects. These projects cover key areas such as artificial intelligence, urban underground pipeline construction and renovation, transportation infrastructure in the Yangtze River Economic Belt, high-standard farmland, upgrading of higher education, and the "Three-North" project (Northeast, North, and Northwest China). Adding to the previously allocated 389.7 billion yuan, the total allocation for "major and key" construction projects this year reaches 606.5 billion yuan, accounting for 76% of the total 800 billion yuan for the year, a significantly faster pace than last year.According to The Information, Google is in talks with Marvell Technology Group (MRVL.O) to develop a new type of artificial intelligence chip for inference.
