Saudi Arabia began oil output cuts, becoming the latest Gulf producer affected by the U.S.-Israeli war on Iran that has halted ship traffic in the region, sending crude prices up nearly 30% on Monday to $119 a barrel.[#item_full_content]
US Halts Chip Tool Shipments to China’s Hua Hong
The U.S. Department of Commerce last week ordered multiple chip equipment companies to halt certain tool shipments to China’s second-largest chipmaker, Hua Hong, its latest