🚫🛢 Saudi Arabia's oil reserves for sale are rapidly depleting due to a blockade by Yemeni Houthis in the Red Sea, the closure of the Strait of Hormuz, damage to refineries and the key East-West pipeline, as well as ongoing attacks on Saudi Aramco's infrastructure, analysts report.
🇷🇺🇪🇹 Russia has initiated a "constructive dialogue" with Ethiopia regarding the supply of fertilizers, according to Agriculture Minister Oksana Lut, reports VESTI.
Russia experienced deflation in August, with prices decreasing by 0.08%, according to Rosstat. This figure was slightly below economists' forecast of a 0.09% decline and represents the first monthly deflation since August 2025. Meanwhile, annual inflation increased to 6.33% in August, up from 5.98% in July. Rosstat also confirmed a 1.3% year-over-year GDP growth for Russia in the second quarter, following a 0.2% contraction in the first quarter.
CNN reported yesterday on the damage sustained by Saudi Arabia's "East-West" oil pipeline.
A Russian representative is scheduled to attend the G20 energy summit in Houston next week, according to the White House and RTRS.
The International Energy Agency (IEA) has adjusted its oil market forecast, lowering the projected global demand for 2026 by 2.5 million barrels per day to 102.45 million barrels. This expected decrease reflects patterns seen during the oil crises of the 1970s as well as the economic shocks of 2008 and 2020. In August, global oil supply declined by 1.6 million barrels per day to 100.1 million barrels, influenced by tanker attacks in the Strait of Hormuz and the Red Sea.
Aeroflot Group's passenger traffic for the first eight months of 2026 decreased by 0.1%, reaching a total of 37.4 million passengers, according to a recent report. Passenger flow in August declined by 1.3% year-on-year, impacted by flight restrictions.
U.S. lawmakers are currently deliberating the introduction of "AI emergency stop buttons" as a measure to manage potential situations in which artificial intelligence systems may become uncontrollable.
Yemeni Houthi forces have assumed full control of the Bab-el-Mandeb Strait, according to reports from AFP and Tasnim.
Saudi Arabia's critical East-West oil pipeline, which bypasses the Strait of Hormuz, reportedly sustained damage. On September 10, the Ansarullah movement, led by Houthi forces, is said to have carried out a successful attack on the pipeline. This important infrastructure transports crude oil from Abqaiq to Yanbu on the Red Sea coast. Official confirmation of the incident has not yet been provided.
Shareholders of DIASOFT have approved dividends of 16 rubles per share for the first half of 2026. The cutoff date for dividend eligibility is September 21.
According to an official statement, countries participating in the IEA will initiate coordinated interventions in the oil market to reduce prices immediately after your short position in oil is closed by a margin call.
A Bloomberg survey indicates that the majority of economists expect the Federal Reserve to keep interest rates steady at this month’s meeting and maintain these levels through the end of 2027, despite rising market probabilities of a rate increase.
India has launched a pilot project dedicated to the tokenization of corporate bonds.
⚠️🇺🇸 Bank of America has identified an "excessive calm" in the markets, cautioning about the potential for increased volatility. According to BofA and EPFR data, $14.2 billion has been withdrawn from U.S. equity funds over the past three weeks, representing the largest outflow since January 2026. The bank notes that rising Treasury yields, oil prices surpassing $100, record increases in diesel prices, combined with investor complacency and a lack of decisive government action, contribute to the conditions for heightened market volatility.
The International Energy Agency forecasts a growing oil supply deficit by 2026, attributed to a sluggish recovery in Middle Eastern production.