News

According to ChainCatcher, the latest weekly report data shows that the JUST protocol continues to serve as a core cornerstone of Tron DeFi, with a total value locked (TVL) of $11.4 billion, holding a significant position in the ecosystem with a 41.83% market share. The platform's core business remains stable, with deposits surpassing $3.75 billion, further strengthening liquidity depth and carrying capacity. In addition, JUST’s value capture engine operates efficiently; through a regular buyback and burn mechanism, JST’s cumulative burn ratio has reached 13.70%. This dynamic deflationary strategy not only optimizes the asset supply and demand structure but also, thanks to its long-term and stable value returns, demonstrates a strong consensus on operating JUST as the core DeFi protocol on Tron.

According to disclosures on Tuesday from five anonymous sources and institutional estimates, due to continued Ukrainian drone attacks on ports and refinery facilities, compounded by the interruption of the last Druzhba pipeline transporting crude oil to Europe via Ukraine, Russia's crude oil output in April has been reduced by about 300,000 to 400,000 barrels per day compared to the average at the beginning of the year.If this decline is confirmed, it will be the most severe monthly production drop Russia has experienced in six years since the pandemic. Sources said that with port refineries frequently being attacked and the spring maintenance season approaching, failing to proactively cut output would make it difficult to manage crude oil exports.Recently, Ukraine has significantly increased the frequency of attacks on Russian energy infrastructure, with Russia claiming in March that the number of drones shot down nearly doubled compared to February. Core western export hubs along the Baltic coast such as Ust-Luga, Primorsk, and Novorossiysk on the Black Sea have repeatedly been attacked, and Vysotsk port was also affected last weekend.The International Energy Agency in Paris has lowered its forecast for Russian oil supply by 120,000 barrels per day for the rest of the year, warning that given the damage to ports and energy infrastructure, it will be difficult for Russia to raise output above the level at the start of the first quarter in the short term. The agency estimated Russia's crude oil production in March at 8.96 million barrels per day, while the OPEC estimate was 9.167 million barrels per day.Although Finance Minister Siluanov said last Thursday that the high oil price driven by the Iran war helps reduce the budget deficit, the forced production losses are eroding the fiscal revenue base from the supply side. The market needs to recalibrate the conflicting signals of Russian oil output cuts and record exports to India: the former points to a contraction in global marginal supply surplus, while the latter reveals Asian buyers’ deep dependence on discounted Urals crude.

Glonghui, April 21 — Raytheon reported first-quarter sales of $22.1 billion, a year-on-year increase of 9%, with organic growth of 10%. Adjusted earnings per share (EPS) were $1.78, up 21% year-on-year. The company reported net income attributable to common shareholders of $2.1 billion for the first quarter, which includes $400 million in acquisition accounting adjustments. Adjusted net income was $2.4 billion, up 22% from the previous year.