Trump's former chief economic advisor, Kevin Hassett, has called on Jerome Powell to step down as Federal Reserve chair. On September 30, President Trump reiterated his stance, stating that Powell should be compelled to resign immediately.

Oil shipments from the Middle East have almost returned to pre-conflict levels in Iran, but global prices remain above $100. Worldwide oil inventories have fallen sharply, hitting their lowest in five years. Traders remain cautious, fearing that the conflict could flare up again at any moment, according to Bloomberg.

The CEO of CryptoQuant has announced that the bottom in the current cycle has already been crossed. The bull market in cryptocurrency is underway and gaining momentum.

Japan has no plans to release oil from national reserves, according to Reuters sources.

Germany’s Composite PMI rose to 53.8 from 51.8, with Services PMI increasing to 52.9 from 49.7.

The eurozone's economic indicators point to strengthening activity, with the Composite PMI climbing to 53.1 from 52. The Services PMI also improved, rising to 53 from 51.6.

The United States will receive its first shipment of Belarusian potash in four years, reports the Financial Times.

Tensions in the oil market are expected to escalate until the Strait of Hormuz is reopened, according to the CEO of Aramco. The release from reserves will offer only temporary support to prices.

Britain's latest economic data show a modest slowdown. The Composite PMI fell to 52 from 52.5, while the Services PMI decreased to 52.1 from 52.5, indicating a slight easing in the growth rate of the UK services sector.

The price of Brent crude oil has climbed above $102 per barrel.

Oil demand is rising rapidly, prompting the need to replenish reserves, according to the CEO of Aramco.

Analysts expect India's central bank to increase the interest rate by 0.25% at the upcoming meeting, according to a RTRS survey.

Saudi Arabia's East-West oil pipeline, also known as the Petroline, is operating normally, according to sources from RTRS.

The Russian Ministry of Finance plans to purchase foreign currency and gold totalling 279.42 billion rubles from October 7 to November 6, averaging 12.7 billion rubles per day. The Central Bank will raise its daily currency purchases from 1.92 billion to 12.12 billion rubles, according to calculations by the Institute of Finance. For more details, see the release.

Russia's currency market: The USD/RUB exchange rate has exceeded 85.

Moscow Exchange has marked the shares of various issuers with incomplete disclosure following the expiration of temporary exemptions, according to Interfax.

Energy Intelligence Forum 2026 opens in London, initiating the first day of discussions. Aramco's CEO warns that global oil reserves are dangerously depleted, with under 10 percent remaining accessible, and forecasts a recovery period of several years. As demand continues to increase, restoring reserves becomes imperative. The oil market is likely to remain volatile until the Strait of Hormuz reopens. Conoco's CEO indicates that U.S. oil production in 2027 could surpass 14 million barrels per day, provided prices remain stable.

The CNYRUB exchange rate has exceeded 12.70, signaling a notable development in the currency markets.

Reports indicate uncertainty over the operational status of Saudi Arabia's East-West oil pipeline, with conflicting reports from Western and non-Western media outlets.

Oil prices steady after Saudi and Yemeni forces claim successful operation near Bab el-Mandeb Strait. Experts warn of potential escalation in the region. Yemeni Houthis previously permitted passage for all ships except Saudi vessels; future developments remain unclear.