Brent and WTI crude futures fell by 0. 4% and 0.5% respectively, due to oversupply concerns. This happened despite uncertainty about the impact of US sanctions on Russian oil companies and optimism about the resumption of the US government's work.
November 11 is marked by numerous holidays, including Singles' Day, Polish Independence Day, International Energy Saving Day, and World Shopping Day. This day also commemorates those who died in World War I and animals that suffered in wars.
China conducted military exercises in the disputed waters of the South China Sea, simulating attacks on military bases and ships. The maneuvers took place amid rising tensions in the region and territorial disputes.
The European Commission is exploring the possibility of obliging EU member states to gradually remove Huawei and ZTE from their telecommunications networks. This could turn a 2020 recommendation into a legal requirement due to deteriorating trade and political ties with China.
Nissan Motor is selling its global headquarters in Yokohama to KKR for 97 billion yen, which will generate an extraordinary profit of 73. 9 billion yen. The deal will be completed by December 2025, and Nissan will continue to lease the building for 20 years.
Spot gold prices rose 2% to $4079. 49 an ounce, reaching their highest level since October 27. Weak US economic data and a weakening dollar strengthened expectations of a Fed rate cut next month.
Brent crude futures rose to $64. 08 a barrel, and US WTI crude to $60.23. This happened amid expectations of a quick end to the US shutdown, which could increase oil demand.
China's Ministry of Commerce has suspended restrictions on the export of antimony, gallium, and germanium to the United States until November 27, 2026. These metals are essential for semiconductor production and were previously banned from export starting December 2024.
Ukrainian Foreign Minister Andriy Sybiha stated that Russia attacked substations supplying electricity to the Khmelnytskyi and Rivne nuclear power plants. He called for an urgent meeting of the IAEA Board of Governors.
Satellite images have shown that China is actively expanding missile production facilities, increasing their area by more than 2 million square meters since 2020. More than 60% of the 136 missile industry or Chinese Rocket Force facilities show signs of expansion.
The European Union plans to establish a Center for Democratic Resilience to counter disinformation from Russia and other authoritarian regimes. This step is a response to the intensification of hybrid attacks and the spread of fake materials on social networks.
The US plans to acquire at least 1 million drones for the army over the next two to three years. This is a response to the lessons learned from the war in Ukraine and concerns about dependence on Chinese-made components.
The Philippines is conducting 10-day "Sea, Sky, and Land" military exercises with the United States, simulating scenarios to counter an invasion where China is the main threat. The exercises are taking place in the South China Sea and the northern part of Luzon, a region that the United States considers a key breakthrough point in the event of a conflict with the PRC.
The head of the Estonian Defense Forces Intelligence Center, Colonel Ants Kiviselg, stated that the change in weather did not affect the course of the war, and Russia is preparing new winter strikes on Ukraine's civilian infrastructure. The front line remains stable, but the Russian Federation continues to pressure Ukrainian positions, especially around Pokrovsk.
China's most advanced aircraft carrier, the Fujian, the country's third warship, is equipped with electromagnetic catapults for faster aircraft takeoffs. Its commissioning marks a significant step for Beijing, which now boasts the world's largest navy.
US President Donald Trump stated that Kazakhstan will join the "Abraham Accords," which entails establishing diplomatic relations with Israel. This step, though symbolic, aims to give impetus to the agreements, which have been paused due to the war in Gaza.
The UN begins discussions on a US resolution for international forces in Gaza with a two-year mandate. The draft provides for the protection of civilians, the delivery of aid, and the demilitarization of the sector.
Romanian Defense Minister Sorin Moldovan urged the US to reverse the plan to withdraw 800 troops from the country to avoid strengthening Russian propaganda about NATO's disunity. The Pentagon is redeploying an infantry brigade to Kentucky, focusing on domestic priorities and the Indo-Pacific region.
The King of Thailand will pay a state visit to China from November 13 to 17 at the invitation of Chinese President Xi Jinping. This is the first visit by a Thai monarch since the establishment of diplomatic relations in 1975, coinciding with the 50th anniversary of ties.
In Ukraine, BYD, Volkswagen, and Zeekr electric cars are in the highest demand, with China being the main supplier. The average price of an electric car is $21,000, and import duty exemptions for them reached UAH 14.5 billion in 2025.
Leading Chinese air taxi developer EHang plans to transport passengers from airports to major cities for as little as $30. This will be possible through the operation of unmanned eVTOLs, which have received approval from the air traffic regulator for commercial operation.
Donald Trump announced the possible development of a nuclear disarmament plan involving the US, China, and Russia. He also noted that his strategy of economic pressure helps to stop international conflicts.
Poland is negotiating with the United States on importing liquefied natural gas for further supply to Ukraine and Slovakia. The volume of supplies to Slovakia could reach 4-5 billion cubic meters per year, which corresponds to the country's annual consumption.
Estonian Foreign Minister Margus Tsahkna, during a visit to Beijing, called on China to stop economic support for Russia and join international efforts to establish peace in Ukraine. He also raised the issue of China's supply of dual-use goods that could be used for military purposes by Russia.
Russia's Black Sea port of Tuapse has suspended fuel exports, and the local refinery has stopped oil processing after drone attacks on November 2. Three tankers that were in the port during the attack were moved away from the berths.
Automaker Nissan will temporarily reduce production of its Rogue SUV in Japan due to a shortage of microchips from Dutch company Nexperia amid diplomatic restrictions. The reduction will amount to approximately 900 vehicles over the week starting November 10 at the Kyushu plant.
Russians have started using jet gliders on Soviet-era aerial bombs to hit targets far behind the front lines, putting additional strain on Ukraine's air defense. Some of them are equipped with a jet engine, increasing their flight range to 200 km.
China will suspend for one year the additional 24% tariffs on US goods imposed in April, while maintaining 10% tariffs. The Customs Tariff Commission of the State Council also canceled tariffs of up to 15% on some US agricultural products from November 10.
Russia and Turkey are discussing maintaining Gazprom's annual gas supply volume at around 22 billion cubic meters as part of the extension of two major contracts. This comes amid US pressure to limit energy purchases that finance Russia's war.
Russia expects official explanations from the US after Donald Trump's statements about the possible resumption of nuclear tests. Moscow and Beijing insist that all countries adhere to their obligations under the Convention on the Prohibition of Nuclear Tests.
