The General Court of the European Union has dismissed Hungary's lawsuit challenging the use of frozen Russian assets for Ukraine. The court determined that it lacks jurisdiction over the matter, as it pertains directly to political decisions related to the EU's common foreign and security policy. Further details are available here.
⬆️ Logistics restrictions in the Azov-Black Sea basin and shipping issues in the Strait of Hormuz could significantly increase global wheat prices in the latter half of the current agricultural season (January-June 2027), forecasts Vladimir Petrichenko, CEO of ProZerno. Global wheat prices in the second half of the 2026/27 season could exceed $330/ton according to experts.
⬆️🛢🇺🇸 Diesel prices have surged past the significant $6 mark in major U.S. media headlines today, marking a considerable setback for Trump ahead of the Congressional midterm elections. Action is required, or he might need to explain that the rise in fuel prices is a "small price" for the mission to disarm Iran.
🛢 The International Energy Agency (IEA) has revised its oil market forecast, reducing the global demand prediction for 2026 by 2.5 million barrels per day to 102.45 million barrels. This anticipated decline mirrors oil crises from the 1970s and the economic shocks of 2008 and 2020. In August, global oil supply fell by 1.6 million barrels per day to 100.1 million, affected by tanker attacks in the Strait of Hormuz and the Red Sea.
🇷🇺 Aeroflot Group's passenger traffic for the first eight months of 2026 dropped by 0.1%, totaling 37.4 million people, according to a report. The passenger flow in August declined by 1.3% year-on-year amid flight restrictions.
🇺🇸 U.S. lawmakers are considering the implementation of "AI emergency stop buttons" to address scenarios where artificial intelligence systems might become uncontrollable.
🛢 Yemeni Houthis have taken full control of the Bab-el-Mandeb Strait, reports AFP/TASNIM.
⚠️ Saudi Arabia's vital East-West oil pipeline, bypassing the Strait of Hormuz, allegedly suffered damage. On September 10, the Ansarullah movement, led by Houthi forces, reportedly launched a successful attack on the pipeline. This key conduit transports crude oil from Abqaiq to Yanbu on the Red Sea coast. Official confirmation of the incident is yet to be released.
🚨 Shareholders of the DIASOFT company have approved dividends for the first half of 2026 at 16 rubles per share. The cutoff date is September 21.
📉 Countries participating in the IEA will begin coordinated interventions in the oil market to reduce prices immediately after your short in oil is closed by a margin call, according to an official statement.
⚠️ A Bloomberg survey reveals that a majority of economists anticipate the Federal Reserve will maintain interest rates at current levels during this month’s meeting and continue through the end of 2027, despite increasing market odds for a rate hike.
✨🇮🇳 India has initiated a pilot project focused on the tokenization of corporate bonds.
⚠️🇺🇸 Bank of America highlights "excessive calm" in markets, warning of potential volatility spikes. According to BofA/EPFR, $14.2 billion has been withdrawn from U.S. equity funds over the past three weeks, marking the largest outflow since January 2026. Rising Treasury yields, oil prices exceeding $100, and record diesel price increases, coupled with investor complacency and lack of decisive government action, set the stage for heightened volatility, says BofA.
🚫🛢 Oil shortage forecast
The International Energy Agency predicts an intensifying oil deficit by 2026 due to slow recovery in Middle Eastern supplies.
The International Energy Agency predicts an intensifying oil deficit by 2026 due to slow recovery in Middle Eastern supplies.
🇷🇺 The BRICS countries are the primary buyers of Russian fertilizers, according to PhosAgro CEO Alexander Gilgenberg.
💥🇷🇺 VK is actively reducing its debt. Over a year and a half, VK's net debt has decreased by more than three times. By the end of the first half of 2026, the Net Debt/EBITDA ratio stood at 2.3x, indicating the company's financial stability. VK aims to maintain the Net Debt/EBITDA ratio in the medium-term range of 2-3x. More information can be found on the company's website.
📰🚨 No official confirmation has been received from Saudi Arabia regarding the damage to the "East-West" oil pipeline.