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On 17 March 2026, during the GTC keynote, CEO Jensen Huang raised Nvidia’s cumulative AI-chip revenue projection from $500 billion through 2026 to at least $1 trillion through 2027 while unveiling the Vera Rubin inference platform and Groq 3 accelerator.
Since mid-March 2026, the three-week closure of the Strait of Hormuz has pushed Saudi and UAE producers to send millions of barrels through west-bound pipelines while Washington issued a 30-day sanctions waiver so India and others can buy Russian oil already afloat, abruptly reshuffling global crude flows.
On 16 March 2026, President Trump asked Beijing to push back his 31 Mar–2 Apr state visit by roughly a month so he can remain in Washington to direct the Iran war, hinting China’s help in reopening the Strait of Hormuz may affect the timing.
On 16 Mar 2026 UniCredit launched an unsolicited €35 billion share-swap offer priced at €30.80 a share expressly to lift its Commerzbank holding from 29 % to above the 30 % threshold that forces a formal takeover bid, daring Berlin’s long-stated opposition.
On 15-16 March 2026 the International Energy Agency approved and scheduled the largest emergency drawdown in its 52-year history—about 400 million barrels, with Asia-Oceania barrels flowing immediately and European/American stocks starting by late March—to blunt the supply shock from the de-facto closure of the Strait of Hormuz since 28 February.
On 15 March 2026, six-hour negotiations in Paris produced draft plans for permanent “Board of Trade” and “Board of Investment” panels and saw China signal readiness to expand U.S. farm imports, setting concrete deliverables for President Trump’s Beijing visit in two weeks.
Leaked internal planning shows Meta may shed roughly 16,000 of its 79,000 employees—its biggest reduction yet—to divert cash toward massive AI data-centre spend, despite management publicly labeling the reports “speculative.”
On 13 March 2026 Washington temporarily lifted its own Russia-oil sanctions, authorising any importer to buy cargoes loaded before 12 March and still at sea, in order to counter a Middle East supply shock that had pushed Brent above $100.
On 13 March 2026 Washington temporarily suspended its own ban, licensing Russian crude already loaded before 12 March to move on world markets until 11 April in hopes of cooling prices inflated by Hormuz disruptions.
On 15 Mar 2026, President Trump declared that the U.S. had “totally demolished” Iran’s Kharg Island oil hub and might strike it again, simultaneously urging allies to dispatch naval forces to secure the embattled Strait of Hormuz.
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