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Kharg Island Oil Jetties Empty in Sign of Iran Strain

Oil shipments from Iran's main export terminal appear to have come to a standstill over the past several days. European satellite imagery compiled by Bloomberg shows there were no ocean-going oil tankers observed at Kharg Island on May 8, 9 or 11. If Kharg Island were to remain idle, it would increase the pressure on the country's remaining storage facilities. Bloomberg's Stuart Livingstone-Wallace reports.

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Bloomberg

Nvidia's Huang Joins US Tech CEOs on Trump's China Trip

Nvidia co-founder Jensen Huang joined US President Donald Trump on his visit to China as a last-minute addition to the trip, thrusting AI and technology into the spotlight before the high-stakes summit. Other US leaders on the trip include Apple's Tim Cook, Tesla's Elon Musk, Boeing's Kelly Ortberg and Goldman Sachs' David Solomon. Bloomberg's Minmin Low reports from Beijing.

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Bloomberg

MobiKwik's Thin Margins, UPI Pressure and Path to Profit

MobiKwik has reported a second consecutive profitable quarter, highlighting stable payments margins despite zero fee UPI transactions and ongoing investments in new businesses. The company says this reflects a key inflection point in its growth and profitability journey. Upasana Taku, Co Founder, Executive Director and CFO of MobiKwik, talked more about her outlook for the company on Bloomberg's Insight with Haslinda Amin.

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Bloomberg

Henry Wang on US China Summit Expectations

Henry Huiyao Wang, Founder and President of the Center for China and Globalization, says both Iran and the United States are seeking to de-escalate the ongoing conflict. He adds that China could provide a platform for both sides to "gracefully climb down the ladder" if U.S. President Donald Trump and Chinese President Xi Jinping reach a consensus at the upcoming US China summit. Wang speaks with Haidi Stroud-Watts in Beijing on Bloomberg: The Asia Trade.

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