Sat, 10/24
Moody's affirmed France's sovereign rating at Aa3 with a negative outlook, warning that slowing growth, a widening deficit, rising financing costs and social protests could hinder fiscal consolidation, as the France-Germany 10-year yield spread widened to 178bps Thursday from 85bps in early September.
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Fri, 10/23
CNN, citing U.S. officials, reported that Trump's advisors have prepared strike plans against Iran in coordination with Israel for immediate execution upon approval, and separately that use of the Mother-of-All-Bombs against Iranian energy facilities and nuclear sites is under consideration.
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Thu, 10/22
Trump said the US will not bomb Iran before the midterm elections, even as the US withdraws some personnel from Saudi Arabia, adjusts Middle East troop deployments, sends additional carriers, and dozens of Israeli jets reportedly approached Iran's border this week with an updated target list.
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Wed, 10/21
Multiple Middle East escalation reports: a Houthi missile and drone were intercepted over Riyadh, Iran's IRGC says two tankers hit mines in the Strait of Hormuz and a 54th US MQ-9 drone was shot down, while US CENTCOM denies the mine strikes and says Iran is attacking with missiles and drones, as Qatar and Pakistan mediation talks continue without an imminent deal.
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Tue, 10/20
US Defense Secretary Pete Hegseth secretly met Israeli PM Netanyahu in Israel on Monday, eight days before Israel's election, as the US and Israel discuss possibly resuming large-scale military action against Iran, per Axios.
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Mon, 10/19
An Iranian official warned that a resumed US-Israel strike would trigger retaliation more destructive than the two previous wars and with no familiar rules, alongside reports of attacks on merchant ships near the UAE, Yemen and Saudi Arabia.
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Sun, 10/18
A tanker was struck by an unknown projectile off Saudi Arabia on Friday, according to UKMTO.
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Sat, 10/17
Missiles struck Aden airport while the Saudi-led coalition intercepted a missile aimed at Yanbu, Saudi Arabia.
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Fri, 10/16
The IEA agreed to release 100 million barrels of oil, including 20 million barrels of diesel, as Russia-Ukraine and Middle East tensions escalate, with reports of a US plan to strike Iran with the 'Mother of All Bombs'.
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Thu, 10/15
The US is discussing easing some sanctions on shadow fleet vessels to reduce global freight rates and boost Middle East oil flows, an official said.
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Wed, 10/14
Saudi Aramco's Dhahran headquarters building was hit and caught fire, Houthi forces threatened strikes on Saudi Arabia's Eastern Province and Riyadh oil facilities, and Trump said the Houthis aim to push up oil prices before the US midterms.
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Tue, 10/13
Japan's September corporate goods price index rose 6.8% year-on-year, below the 7.6% forecast and down from 7.6% prior, while it fell 0.3% month-on-month versus an expected 0.5% rise.
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Mon, 10/12
Canadian PM Carney's office said Canada will maximize oil and diesel exports to the U.S. following a call with Trump, with the oil exports yielding over 1 million barrels of diesel daily.
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Sun, 10/11
Hurricane Isaias has shut in 71.51% of US Gulf oil production (1,458,814 bpd) and 58.84% of Gulf gas output, while Russia has agreed to supply over 300,000 metric tons of diesel immediately (with more in November and beyond) and the IEA, after G7 consultation, announced a further 100 million barrel release as part of a 400 million barrel plan.
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Sat, 10/10
The Saudi-led Coalition announced a wide-ranging military operation against Houthi elements and capabilities in Yemen.
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Fri, 10/09
WTI crude rose 3.29% on the day as Middle East tensions escalated — Houthi strikes on Riyadh airport, Iranian IRGC threats over the Strait of Hormuz, and new US sanctions on 17 tankers carrying Iranian oil — while separately US officials Witkoff and Kushner will propose a partial Russia-Ukraine ceasefire halting attacks on energy infrastructure and grain transport at Friday talks in Miami.
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Thu, 10/08
Shell is evacuating personnel and shutting down production at its Mars, Olympus, Ursa, Vito and Appomattox assets, after already relocating non-essential staff from Stones.
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Wed, 10/07
Japan's labour cash earnings rose 3.8% y/y in August, above the 3.7% estimate but down from the prior 4.7%.
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Tue, 10/06
Trump signed an executive order waiving the off-road requirement so anyone can buy tax-free red-dyed diesel.
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Mon, 10/05
US Treasury Secretary Bessent downplayed concerns over surging Treasury yields and AI asset bubble fears, saying the yield move reflects a global shift in interest-rate environments rather than one-sided selling, and noted the Iran war has temporarily overshadowed US economic resilience.
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