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IEA's Bosoni Says Oil Inventories Falling at 'Record Pace'

International Energy Agency oil industry and markets head Toril Bosoni discusses the outlook for oil supplies and prices amid the ongoing disruption in the Strait of Hormuz. Inventories are falling around the world at a record pace, the IEA said in its latest monthly report, and will continue to drop for months as the Middle East conflict continues. Bosoni speaks on Bloomberg Television.

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Bloomberg

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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