Strategic

• The U.S. Energy Department announced plans Wednesday to loan an additional 10 million barrels of crude from the Strategic Petroleum Reserve as part of a 172 million-barrel drawdown. • West Texas Intermediate crude prices exceeded $112 per barrel due to ongoing Iran conflict disruptions, prompting the reserve release to curb domestic fuel costs. • Critics warn the extensive SPR drawdown heightens U.S. energy vulnerabilities during prolonged geopolitical tensions and supply chain risks through key chokepoints.

• The US-China technology rivalry is increasingly centered on quantum computing, with both nations treating the field as a strategic asset with profound economic and national security implications alongside AI and semiconductors. • China has deployed an estimated US$16 billion in public funding—roughly four times current US government investment—embedding quantum computing into its Five-Year Plan as one of seven frontier technologies through a highly centralized, state-led approach. • The US ecosystem remains decentralized, driven by over 40 companies, national laboratories, universities, and hyperscalers, with government support focused on funding, benchmarking, and validation rather than selecting national champions.

• National Institutes of Health unveiled a five-year disability research plan on March 26, 2026, shifting from medical cures to addressing environmental and social barriers. • Plan promotes inclusive approaches to improve quality of life for millions with disabilities across the U.S. • Marks broader federal pivot toward societal factors in disability, influencing future funding and studies.

• Taiwan-based DRAM chipmaker Nanya Technology secured NT$78.72 billion (US$2.47 billion) through private share placements from SK Hynix subsidiary Solidigm, Japan's Kioxia, and U.S. companies Cisco Systems and SanDisk Technologies. • Following the investment, SK Hynix will hold a 2 percent stake, Kioxia 2 percent, SanDisk 4 percent, and Cisco 2 percent in Nanya Technology, positioning the company strategically amid the AI boom. • The capital will be directed toward investing in advanced memory manufacturing facilities and production equipment, strengthening Nanya's competitive position in the high-demand semiconductor market.

National intelligence director says Iran’s conventional military projection capabilities had been ‘largely destroyed’Sign up for the Breaking News US email to get newsletter alerts in your inboxTulsi Gabbard, the director of national intelligence who in 2019 was selling “No War With Iran” T-shirts, told the Senate intelligence committee on Wednesday that US strikes on Iran had been a strategic success.“I’d like to remind those who are watching what I am briefing here today conveys the intelligence community’s assessment of the threats facing US citizens, our homeland and our interests,” Gabbard told the committee, “not my personal views or opinions”.More details soon… Continue reading...