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On 7 June 2026, the Saudi- and Russia-led core of OPEC+ voted via video link to add another 188,000 barrels per day to their July production ceilings, matching June’s increase as they cautiously unwind the April 2023 voluntary cuts despite transport blockages in the Strait of Hormuz.
During Jensen Huang’s 5–8 Jun 2026 Seoul trip, Nvidia converted SK hynix from a spot supplier into a multi-year HBM4 partner and, with sister firm SK Telecom, committed to build a gigawatt-scale AI cloud opening in 2027, signalling long-term, vertically-linked capacity planning rather than ad-hoc chip buys.
State oil firms lifted the price of a 14.2-kg domestic LPG cylinder to ₹942 in Delhi effective 7 June 2026, a ₹29 jump and the second upward revision in three months.
In a rare 28 May 2026 joint statement, the IMF, World Bank, WTO and IEA warned that shipping disruptions through the Strait of Hormuz have forced the world to drain oil stocks at unprecedented speed, threatening fuel security before peak summer demand.
On 30 May 2026 Anthropic closed a $65 billion funding round that vaulted its post-money valuation from $380 billion in February to $965 billion, making it the most valuable private AI company ahead of OpenAI.
Between May 26-28, a record $1.29 billion dark-pool sale of 29 million IBIT ETF shares and a separate 7,459 BTC shift from BlackRock and Strategy wallets into Coinbase Prime pushed potential supply toward the market, yet Bitcoin slid only ~5 % and held the critical $70-75 K range.
On 29 May 2026, a $65 billion Series H round valued Anthropic at $965 billion—vaulting the four-year-old Claude maker past OpenAI as the world’s most valuable AI firm.
On 28 May 2026 the European Commission fined Chinese-owned e-commerce platform Temu €200 million and gave it until 28 August to present a corrective plan, citing systemic failures to screen out dangerous products under the Digital Services Act.
Within 48 hours, the Defense Department awarded Dell a $9.69 billion Microsoft-software contract and Dell’s blow-out AI server results rocketed its shares over 30%, a windfall for President Trump who bought up to $5 million of the stock in February.
A lightning-quick Series H round closed on 28-29 May 2026 injected $65 billion into Anthropic and instantly crowned it the most valuable private AI firm at $965 billion, edging past OpenAI ahead of both companies’ anticipated IPOs.
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