Energy executives cautioned that the widening Iran conflict risks sustained disruptions to crude flows and refining output, potentially keeping prices elevated and complicating disinflation. Prolonged tightness would bolster energy equities and crack spreads while raising the odds central banks keep rates higher for longer.
Source: Seeking Alpha
Russia to ban gasoline exports from April 1 to protect domestic supply
Moscow will halt gasoline exports starting April to cool local prices and ensure adequate domestic fuel availability. The move tightens global refined product markets heading into Northern Hemisphere driving season, a potential tailwind for refining margins and headline inflation in importing nations.
Source: Seeking Alpha
Morgan Stanley targets lowest-fee U.S. spot Bitcoin ETF at 0.14%
Morgan Stanley filed for a spot Bitcoin ETF with a 0.14% fee, undercutting current market leaders and setting up a fresh fee war. With one of the largest U.S. advisor networks and identified custodians, approval could accelerate mainstream crypto allocations via traditional wealth channels.
Source: FinanceFeeds
Washington State sues Kalshi, says prediction markets are illegal gambling
Washington’s Attorney General sued prediction-platform Kalshi, arguing its event contracts violate state gambling laws, escalating a state-vs-federal turf fight as the CFTC asserts oversight of such products. The case underscores patchwork regulatory risk that may limit platform scalability and institutional participation.
Source: FinanceFeeds
Google backs US$5B Texas data center leased to Anthropic, highlighting AI power build-out
Google is helping finance a >US$5 billion Nexus Data Centers project in Texas leased to Anthropic, targeting ~500MW by late 2026 with potential multi-gigawatt expansion. Co-location near gas infrastructure underscores how power security, financing, and compute are becoming strategic assets in AI scale-up.
Source: FinanceFeeds
China property: surge in second-hand sales hints at tentative floor
Transactions of pre-owned homes in major Chinese cities—led by Shanghai—jumped in March, signaling early stabilization after a multi-year downturn. A more active resale market could help restore buyer confidence and liquidity, though challenges in new-home demand and developer balance sheets persist.
Source: South China Morning Post
Court orders Nexstar to pause Tegna merger amid DirecTV lawsuit
A court ordered Nexstar to temporarily halt its proposed Tegna transaction following litigation from DirecTV, injecting fresh uncertainty into a high-profile media consolidation. The setback adds execution risk and could reset valuations and timelines across the local-broadcast TV landscape.
Source: Seeking Alpha
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