Diesel Prices Climbed This Week – And Look Like They’ll Stay High – While Banks Just Loaned TikTok-Parent ByteDance A Big Stack Of Cash

Diesel is closing in on a record all-time high, pushed up by damage to oil refineries and the ongoing closure of the Strait of Hormuz – while ByteDance’s loan is Asia’s second-biggest of the year, the fact that banks were more or less throwing themselves at the firm says a lot about the AI boom.

Today’s stories:

• Diesel Prices Climbed This Week – And Look Like They’ll Stay High
• Chinese AI Giant ByteDance Just Took Out A Massive Loan

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