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15:55
Iran Allows Some Ships to Pass Through the Strait, International Oil Prices Give Up Gains
Golden Ten Data reported on March 12 that international oil prices have retraced their gains. The increases for WTI and Brent crude oil have narrowed to 7.6% and 6% respectively, with prices at $95.26/barrel and $96.9/barrel. In terms of news, Iran's Deputy Foreign Minister stated that some vessels were previously allowed to pass through the (Hormuz) Strait.
15:54
Microsoft announced that Rajesh Jha, Executive Vice President of Experiences and Devices, will officially step down from his current position on July 1 and transition to an advisory role within the company.
This personnel change marks a significant adjustment in Microsoft's management, and Jia will continue to provide strategic guidance during the transition period.
15:52
Iraq's daily crude oil production drops sharply to around 1.4 million barrels
(1) Iraqi Oil Minister Abdul Ghani revealed on Thursday that the country's crude oil daily output will remain stable at around 1.4 million barrels, which is less than one-third of the production before the outbreak of the conflict between the US, Israel, and Iran. (2) According to the Iraqi official news agency, the minister stated that currently about 200,000 barrels of crude oil are transported daily by trucks through Turkey, Syria, and Jordan. Iraq has introduced corresponding plans to cope with the current situation of disrupted oil supply. (3) On March 8, due to the impact of the war, Iraq was unable to export oil through the Gulf region, and the crude oil output from its main oil-producing area—the southern oil fields—has dropped sharply by 70%, falling to 1.3 million barrels per day.
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