16/10/2026 – Middle East: Escalation continues on the Red Sea front, Houthis attack presidential palace in Yemen – Read more news
OIL: Brent prices remain stable, as the U.S. WTI hits last month's highs after the country's inventory data showed a decline of about 9 million barrels in the week ending Friday, October 9, compared to around 300,000 expected by analysts. The sharp reduction is attributable to the passage of Hurricane Isaias, with the consequent closure of production in the Gulf.
