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Golden Ten Data reported on April 20 that the European Union will introduce measures to optimize the allocation of aviation fuel among its member states and assist in finding alternative sources of supply. According to draft documents, the European Commission will announce on Wednesday that these measures could be proposed as early as next month. About 40% of the EU’s aviation fuel is imported, with half of that coming through the Strait of Hormuz. Although the EU expects to have enough aviation fuel in April to avoid shortages, supply pressures will intensify if the closure of key shipping routes continues for an extended period. Last week, Dutch airline KLM Group stated that due to rising costs, it will cancel 80 round-trip flights to and from Amsterdam Schiphol Airport in the coming month.

Golden Ten Data reported on April 20 that Italian energy giant Eni has discovered a large offshore natural gas resource in Indonesia, which could help the country ease its imminent energy shortage. According to an email statement released by the company, Eni discovered 5 trillion cubic feet of natural gas and 300 million barrels of condensate at the Geng North-1 well in East Kalimantan. The company has a joint venture relationship with Petronas. According to data from the U.S. Energy Information Administration, Indonesia’s proven natural gas reserves in 2024 are 33.8 trillion cubic feet. This discovery comes at a time when Indonesia is facing declining natural gas reserves and rising demand, which may force the country to increase its natural gas imports. Although Indonesia is the world's sixth largest liquefied natural gas supplier, its net export volume dropped by around 50% between 2010 and 2025, according to data collected by Kpler.

Glonghui, April 20 — Jefferies released a research report, expecting Tesla's first-quarter revenue this year to reach $21.2 billion, an annual increase of 10%. Vehicle deliveries registered only 358,000 units, with the discontinued Model S and Model X performing relatively weakly. The firm expects core automotive gross margin to fall from 17.2% in the fourth quarter to 15.5%, including a 2-percentage-point impact from depreciation and amortization (D&A) due to lower sales versus Q4. Assuming tightened operating expenses, operating margin is expected to fall below 3%, with non-GAAP earnings per share estimated at $0.27.The firm believes these results will further show an expanding gap between Tesla’s vision and execution capabilities. Unless there is convincing progress on Robotaxi, market concerns about its financial position may intensify, potentially sparking discussions of an eventual merger with SpaceX. Due to Tesla’s aggressive capital expenditure plans, losses may persist for some time. The firm has lowered its forecasts for 2026-2027, but given the company’s ongoing pursuit of its vision amid slow-moving competitors and a higher mid-term growth outlook, it has raised the target price from $300 to $350, maintaining a “Hold” rating.