U.S. Facilitated Oil Transit via Hormuz

U.S. Treasury Secretary Steven Mnuchin responded to the issue of oil trade through the Strait of Hormuz, confirming that the United States facilitated the passage of over a billion barrels of oil in the past week, and that Iran will not have oil available for loading via the waters for the first time in a while. He explained that the U.S. is working to economically isolate Iran through strict measures to restrict its oil exports. He also mentioned efforts to propose a notification mechanism between Washington and Beijing regarding the risks of artificial intelligence, with monitoring of potential dangers from the unregulated use of this technology in cyber and biological threats.