President Trump told reporters that the U.S. would hit Iran "hard" again on Wednesday, after conducting strikes on Tuesday evening. The big picture: Trump said Iran had been "playing us for suckers" during negotiations, and the U.S. would be "attacking them very hard." - "We're going to hit them again hard today, in case you miss it, because you don't turn on your television set, and we'll see what happens with the deal," Trump said. Driving the news: The strikes on Tuesday came in response to a U.S. helicopter being shot down near the Strait of Hormuz. - The U.S. targeted Iranian radar and air defense systems but calibrated the attack so as not to cause any casualties, two U.S. officials told Axios. - Trump said the helicopter…
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In the race to dominate the artificial intelligence industry, companies like SpaceX and Alphabet are borrowing cash and raising equity from investors at the fastest pace in decades.
Data: U.S. Energy Information Administration; Chart: Ben Geman/Axios With the Iran war now over 100 days old, here's the latest rolling snapshot of how it's driving changes in energy markets. The big picture: Global oil use is going down (in the short term), UN climate officials are using the crisis to push for clean energy, and coal is getting more use in the Asia-Pacific region. Oil: The Department of Energy's data arm now sees global oil use dropping this year by 1.1 million barrels per day (bpd) before bouncing back next year. - The big picture: "High fuel prices, reduced fuel availability, and government initiatives have lowered oil demand," the Energy Information Administration said in its latest outlook Tuesday. - The intrigue:…