1. CoreWeave and Meta announced a $21 billion expanded AI infrastructure agreement, significantly boosting artificial intelligence computing capacity.
2. The UAE's ADNOC CEO warned that restricting access in the Strait of Hormuz will tighten markets, raise prices, and greatly impact global energy security, especially for Asia.
3. WTI crude oil futures surged 5.00% to trade at $99.14 per barrel as rising geopolitical tensions fuel supply concerns.
AI Mega-Deal, Hormuz Tensions Spike Oil, WTI Surges 5%
