The IRCG announced they shot down an MQ-1 over the Strait of Hormuz this morning.

Saudi Arabia Shuts 1,200 km East West Oil Pipeline After Drone Attacks

Saudi Arabia shut its 1,200 km East West oil pipeline after drone attacks from Iraq struck the conduit, which normally bypa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10966

Five Emerging Asian Buyers Spend $7.4 Billion on Spot LNG Since War Began

India, Pakistan, Bangladesh, Thailand and Vietnam have spent $7.4 billion on spot LNG since the US Iran war began, more... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10967

Citigroup Sees 5.3% as Key Ceiling for US Treasury Yields

US Treasury yields rose sharply as higher oil prices revived inflation concerns amid strong US growth, heavy debt issuance and widening ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10968

WTI crude futures climbed 4.49% to $104.54/bbl, while Brent crude futures rose 4.57% to $109.39/bbl.

Saudi East West Oil Pipeline to Remain Largely Shut for Several Weeks

Saudi Arabia’s 1,200 km East West pipeline, attacked last week, will be largely out of service for several weeks as damaged... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10969

CPI inflation rose to 4.82% in August 2026 from 4.45% in July, while food inflation climbed to 5.95%, official MoSPI data showed. https://bigbreakingwire.in/cpi-inflation-august-2026-rises-to-4-82/

India approves power exports of up to 654MW to Nepal from September 13 to December 31, 2026, after flood damage to hydropower infrastructure. https://bigbreakingwire.in/india-power-export-nepal-654mw-approval/

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US 10 Year Treasury Yield Crosses 5% for First Time in Nearly 3 Years

The benchmark 10 year US Treasury yield rose above 5% on Monday ahead of this week’s Federal Reserve meeting, as markets pri... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10971

US 10-year TIPS yield hit 2.622%, its highest level since 2008.

Fed and BOJ face rate hike pressure as fuel costs rise. India and China compete for crude amid tighter global oil supplies.
https://bigbreakingwire.in/global-rate-hikes-inflation-oil-market-risks/

US F 15E Crew Member Reveals Survival After Jet Was Shot Down in Iran

A crew member from a US F 15E shot down in Iran has appeared publicly for the first time, saying his parachute was damaged a... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10972

Trump said Russia and Ukraine agreed not to strike each other’s energy targets, calling the war the main driver of global diesel price rises, not Iran.

WTI and Brent fell $1.40 intraday to $98.75 and $104.30 a barrel.

Trump: Iran wants a deal “quickly and urgently.” He said he will decide whether the U.S. engages Iran and is open to talks.

Tasnim: Iran repeatedly ruled out negotiations with what it calls the “terrorist U.S. government.”

Al Jazeera reports U.S. Vice President Vance said Washington is in direct talks with the Houthis. Speaking in Kansas City before a campaign rally, Vance expressed concern over the Houthis' takeover of Mayyun Island in the Bab el-Mandeb Strait and stated the U.S. maintains ongoing contact with the UAE, Saudi Arabia, and other affected regional parties. TASNIM NEWS, citing sources, reported that Saudi Arabia carried out aggressive airstrikes on Muha county in Yemen.

Trump: “Price increases throughout America were caused by Sleepy Joe Biden and the Biden Administration, not by ‘TRUMP.’” He added that oil “will drop like a rock” once the military conflict with Iran is over.

On Sept 15, Saudi civil defense issued emergency alerts in Yanbu, Jeddah, Taif, Abha, and Jizan after reports of a ballistic missile launch from Houthi-controlled Sanaa. The alerts lasted about 30 minutes and have since been lifted.

TSMC’s 3nm, 2nm and CoWoS Capacity Remain Undersupplied

TSMC’s 3nm and 2nm process capacity, along with CoWoS advanced packaging, remain persistently undersupplied as the calendar moves into lat... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10973

BofA CEO Brian Moynihan predicts Q3 investment-banking revenue will drop at least 10%, falling to $1.6–1.8bn from $2.0bn a year ago. Sales and trading revenue should stay flat. He notes ample trading reserves but warns higher rates could reduce financing demand. Moynihan remains confident in U.S. economic fundamentals.