Fertitta to acquire Caesars Entertainment for nearly $6B. The deal includes iconic Las Vegas brands like Golden Nugget, Rainforest Cafe, and Morton's.

US SPR drops to 1.584 billion barrels, lowest since April 2024 and overall since 2003, as Iran conflict strains global supply. S&P Global estimates 1.2 billion barrels lost via Hormuz disruption.

The volume of the US Strategic Petroleum Reserve (SPR) has decreased to a minimum level since April 2024 due to the conflict with Iran. At the end of last week, the US Department of Energy reported that oil and petroleum product reserves in the SPR currently stand at 1.584 billion barrels and continue to decline. The last time oil reserves in US strategic storage were below 1.5 billion barrels was in March 2003. S&P Global Energy notes that due to disrupted traffic in the Strait of Hormuz, the global oil market has lost 1.2 billion barrels of oil.

EQT sets $24.5 billion target for infrastructure fund, aiming to raise capital for global infrastructure investments.

Sweden's EQT AB has set a target of $24.5 billion for its latest infrastructure fund, according to the company.

US Commerce Dept moves to close loophole that could allow export of advanced Nvidia chips to Chinese firms abroad.

The US Department of Commerce moved to close a potential loophole that may have allowed companies to export advanced chips like Nvidia's Blackwell processors to subsidiaries of Chinese companies located outside China.

US Treasury Secretary confirms ongoing siege on Iran, blocking oil exports from Kharg Island.

US Treasury Secretary: The siege on Iran and the prevention of oil exports from Kharg are ongoing.