He Lifeng Heads to U.S. for Talks; Middle East Conflict Leads to Over 10 Billion Barrels of Crude Oil Transiting the Strait

Vice Premier of the State Council He Lifeng will lead a delegation to the United States from September 19 to 23 for economic and trade consultations. Tensions in the Middle East have triggered fluctuations in energy transit routes, with over 1 billion barrels of crude oil passing through the Strait of Hormuz in the past two months. OpenAI is projected to consume nearly $280 billion in cash over five years, with related AI giants facing collusion allegations.