Bloomberg

Anthropic CEO Dario Amodei:

I think if AI is used in an appropriate way, not even warfare, but think of intelligence collection

Let's say we're able to predict an invasion of Taiwan or a new movement in Ukraine.

Our adversaries will think twice about conducting some kind of invasion or military operation if we know everything that they're doing.

- Bloomberg

Trump: The Fed would be wrong to raise rates ahead of Kevin Warsh's first policy meeting as chair. - Bloomberg

Five U.S. personnel injured at Ali Al Salem Air Base in Kuwait. Iranian ballistic missiles were intercepted but falling debris destroyed one MQ-9 Reaper and damaged another. All injuries minor. The personnel are a mix of service members and contractors.

- Bloomberg.

Iran and Pakistan sent a revised proposal to Washington to end the conflict and reopen the Strait of Hormuz. Bloomberg.

Japan has built the world's largest underground flood tunnel, a $2 billion infrastructure project with chambers large enough to hold a space shuttle inside them. Since becoming operational, the system has cut local flood damage by nearly 90%.

- Bloomberg

ADNOC CEO Al Jaber: At least 4 months to get oil flows back to 80% of pre-conflict levels, even if the war ends tomorrow. Full restoration not expected before early 2027.

Bloomberg.

NATO weighing a mission to escort ships through the Strait of Hormuz if the blockade holds past early July. Support is building among members, though some resist deeper involvement. - Bloomberg

Bloomberg: The UAE tried and failed to get Saudi Arabia and Qatar to coordinate a joint response against Iran during the war.

The UAE struck Iranian targets multiple times before and after the ceasefire, Bloomberg reports. One April 8 strike knocked an oil refinery on Lavan Island offline for months. Abu Dhabi also coordinated with Israel on an April 6 hit on the South Pars Petrochemical complex in Asaluyeh, which produces roughly 50% of Iran's petrochemicals, in response to Tehran's attack on the Borouge plant.

Bloomberg report:

Elon Musk is set to join the U.S. delegation for Trump's visit to China.

PM Modi asked Indians to avoid buying gold for at least a year to preserve foreign-exchange reserves. - Bloomberg

Bloomberg: U.S. trade court has rules against President Trump’s 10% global tariff

Bloomberg: China's largest banks have been told to temporarily freeze new loans to five refiners sanctioned by the U.S. over their ties to Iranian oil.

U.S. Central Command has requested approval to deploy the "Dark Eagle" long-range hypersonic missile to the Middle East to target Iranian ballistic missile launchers beyond the reach of current U.S. systems. The missile has a range of roughly 1,725 miles. If approved, it would be the system's first operational deployment. It has not yet been declared fully ready. - Bloomberg

North Korea's nuclear arsenal is approaching the threshold needed to overwhelm U.S. missile defenses.

The U.S. has 44 ground-based interceptors capable of handling roughly 20–25 incoming missiles.

North Korea is producing 12–15 warheads per year and fielding multiple ICBM types with solid-fuel engines and decoy capabilities.

- Bloomberg.

Iranian oil tankers are clustering just short of the U.S. blockade line, according to Bloomberg.

NEW 🔴

Iran has 12–22 days of oil storage left. U.S. naval blockade has cut exports by 70%. Strait of Hormuz shipments nearly stopped. Production could drop another 1.5M barrels per day by mid-May.

Bloomberg.

Iranian officials view President Trump’s threats as humiliating, weakening their willingness to negotiate. - Bloomberg

Western military officials: Reopening the Strait of Hormuz can only be achieved through an international coalition. - Bloomberg

Hundreds of tankers and cargo ships are stranded in the Persian Gulf. The UN's International Maritime Organization says planning is underway to evacuate them.

- Bloomberg

IRGC Commander Ahmad Vahidi insists on a hardline negotiating stance.

- Bloomberg

Trump: It is "highly unlikely" the two-week ceasefire with Iran will be extended if a deal is not reached before it ends.

Bloomberg.

A Pakistan-flagged tanker, SHALAMAR, has become the first crude carrier to leave the Persian Gulf through the Strait of Hormuz since the U.S. blockade took effect on Monday. -Bloomberg

Putin's approval rating fell more than 8% since January to 67.8%, its lowest since the start of the war in Ukraine, according to Russia's own state polling agency.

Bloomberg.

Iran is considering pausing shipping through the Strait of Hormuz to avoid provoking the U.S., according to Bloomberg.