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13:47
Iraq's first batch of oil exported via Syria begins loading
Golden Ten Data, April 16 — The Syrian Petroleum Company announced on the 15th that the first batch of Iraqi "re-exported" oil began loading at the Baniyas refinery in Syria on the same day. Due to the closure of the Strait of Hormuz, Iraq's oil exports have been hindered, making transit through Syria to the sea one of the alternative solutions. Ahmad Kubaji, Deputy Director of the Syrian Petroleum Company, stated at a press conference on the 15th that, according to the agreement reached between Syria and Iraq, Iraqi oil is first transported by truck to the Baniyas refinery, then transferred to the port oil terminal, and subsequently exported by sea. The first tanker will load approximately 500,000 tons of oil, and the loading operation will take at least three days. Kubaji added that, according to the agreement between the two parties, Syria can extract the amount of oil needed for its power plants from the oil transported from Iraq, with the remaining portion designated for export.
13:45
Exodus wallet partners with Ripple to enhance XRP support
Exodus wallet announced a partnership with Ripple to expand support for XRP and the XRP Ledger, and added tools within the platform to manage XRP and RLUSD. (CoinDesk)
13:43
US Stocks Alert: Intel rises 2.6% to a record high, will disclose details of its participation in the Terafab project "within weeks"
Glonghui, April 16 | Intel (INTC.US) rose by 2.6% to $66.63, hitting an all-time high. According to reports, Intel CEO Lip-Bu Tan sent an internal memo to employees last week, pledging to reveal the "scope and nature" of the company's involvement in the Terafab project "within weeks," marking an acceleration of this ambitious plan aimed at reshaping the chip manufacturing landscape toward a public launch. It is reported that the short-term goal of Terafab is to establish a pilot production line in Austin, Texas, with plans to start silicon wafer manufacturing in 2029. The initial monthly capacity is set at 3,000 wafers.
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