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Iranian President Masoud Pezeshkian at the Moscow Gas Exporting Countries Forum: The eighth summit is taking place amidst geopolitical circumstances and transformations that pose unprecedented challenges to energy security.
Konotop in Ukraine's Sumy region has been without electricity for four days following Russian strikes, while much of the city is also without gas. Educational institutions have been damaged, the hospital is operating on generators, and water is being supplied according to a schedule
US forces in the Middle East are prepared to launch new, potentially major, military operations against Iran "within 96 hours of receiving" an order from President Donald Trump, according to two US officials
UKMTO has received a verified time-late report of an incident in the Strait of Hormuz. A tanker transiting outbound was struck by an unknown projectile, disabling the vessel. The crew have been reported safe. There is no damage assessment or environmental impact report at present. Vessels are advised to transit with caution and report any suspicious activity to UKMTO,
whilst authorities investigate
Uganda is tapping its nearly $7 billion in reserves to lessen the blow of a plunging shilling, which is the world's second-worst-performing currency this month after Iraq's dinar
Houthis have just announced that the EAST WEST PIPELINE has been struck. This is would be now at least the SECOND time that the EW has been struck in the past month, with the previous targeting causing immense issues for Saudi Arabia that they have only recently repaired. According to Houthis, "multiple pumping stations" were struck
Lecornu: The decree authorizing the release of 10 million barrels of gas oil has just been issued. These stocks will be placed on the market at their acquisition price, nearly four times lower than the current market price. They will thus enable a reduction in the price of gas oil that could reach 18 cents per liter. This reduction is expected to take effect starting November 1. One guarantee: the entirety of this financial benefit must be passed on to the price paid by consumers. This measure will also benefit consumers of non-road gas oil, fishing gas oil, domestic fuel oil, and gas oil in overseas territories
The CEO of a US energy company whose plans were discussed during the Witkoff-Kushner-Putin negotiations resigns. He learned that his company's main investor is a sanctioned Russian company, not the UAE
The WSJ confirmed part of this, reporting that the Asim Munir dictatorship in Pakistan has cut off trade with Iran to comply with US sanctions. "Treasury Secretary Scott Bessent said he was working with Pakistan and Turkey to cut off Iran's land routes. The U.S. is moving beyond financial sanctions to wage an "absolute isolation campaign""
Alejandro Betancourt reappears smiling in Zulia, accompanied by high-ranking U.S. diplomats (Daniel Kennedy and John Barret). Additionally, the event was broadcast by VTV alongside Delcy Rodríguez from Caracas
WSJ: The U.S. is expected to remove 50% tariffs on some Canadian products in a bid to help Maine Sen. Susan Collins and other Republicans in the upcoming midterm elections, according to people familiar with the upcoming action
Trump invoked the Defense Production Act to expand domestic petroleum production, refining and logistics — declaring the capacity essential to national defense and directing the Defense Department to make purchases, commitments and financial support to speed projects
Zorlu Enerji, the power producer and distributor owned by one of Turkey's largest conglomerates, will miss a coupon payment due this week on its $1.1 billion bond, sources say
Saudi Aramco has instructed staff to evacuate its headquarters in Dhahran and work remotely, six sources with knowledge of the matter said on Thursday. Aramco did not immediately respond to a request for comment
The United States is "not negotiating" with Iran, and a development is expected "fairly soon". "Most people seem to think it's after the election, we're gonna see what happens." President Trump in a remark to @LibbeyDean_
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YemenHouthi-held Hodeidah airport, telecommunication networks on Mount Bard in Kusmah district, Raymah governorate and in Bani Matar in Sana'a were targeted by airstrikes. Photo from Hodeidah airport
