Saudi Arabia
OPEC+ is preparing to approve a small increase in oil production in December, in line with its strategy of gradually restoring volumes. The decision will be made at an online meeting on Sunday, despite falling oil prices and sanctions against Russian companies.
Brent and WTI crude oil prices fell by 0. 55% and 0.71% respectively, heading for their third monthly decline. A strengthening dollar and a slowdown in manufacturing activity in China affected the market, while increased supply from OPEC+ and the US offset the impact of sanctions.
Colombian President Petro's plane was delayed in Madrid after an American airline refused to refuel his Boeing 737-700 in Cabo Verde. The incident was a manifestation of the US Treasury Department's sanctions against the Colombian leader over alleged ties to drug trafficking.
Russia's special envoy, Kirill Dmitriev, said the war in Ukraine could end within the next year. He announced this after meetings with representatives of Donald Trump's administration in the United States.
The European Union has significantly increased imports of diesel and jet fuel from other countries, preparing for restrictions on petroleum products produced from Russian crude oil. From October 1 to 20, almost 1.9 million barrels of fuel arrived at EU ports, which could become a monthly record.
OPEC+ is preparing a moderate increase in oil production of 137,000 barrels per day in December, as part of a phased restoration of volumes. This decision takes into account the oversupply and falling demand in China, as well as the desire to regain lost market share.
US President Donald Trump this week imposed sanctions on Rosneft and Lukoil, using the surplus of oil on the global market to weaken Russia's war chest. This move was made possible by a significant drop in global oil prices, which allowed Washington to more aggressively target Russian oil.
Georgian police seized 250 kg of heroin that was attempted to be smuggled into the country disguised as wet wipes. The drugs were found in 2907 packages of hygiene products during an inspection in Batumi.
The President of Ukraine stated that his American counterpart seeks an end to the Russian-Ukrainian war, and Trump's message to stop at the line of contact is, in the opinion of the head of state, positive. At the same time, Volodymyr Zelenskyy does not consider Budapest the best platform for US-Russia negotiations.
Israeli Prime Minister Benjamin Netanyahu has officially announced his intention to run in the next parliamentary elections in November 2026. He is also considering moving the elections to June 2026 to conclude agreements with Indonesia and Saudi Arabia.
Washington and Riyadh are negotiating a strategic defense agreement that could be concluded during Crown Prince Mohammed bin Salman's visit to the White House in November. Saudi Arabia is interested in guarantees similar to the US agreement with Qatar, which considers an attack on Qatar a threat to the US.
The escalation in the Middle East region began after Pakistani airstrikes, to which Afghanistan responded with fire. The number of dead and wounded is increasing, and border crossings have been closed.
US President Donald Trump said that the Gaza Strip will be completely rebuilt after the war between Israel and Hamas. All countries in the Middle East have united for this purpose, and the final agreement will be signed in Egypt.
For the first time globally, wind and solar power plants generated more electricity than coal-fired ones. In the first six months of 2025, renewable energy outpaced growing electricity demand, leading to a slight decrease in coal and gas consumption.
Oil prices rose by about 1. 5% after OPEC+ announced a smaller-than-expected production increase of 137,000 barrels per day from November. Analysts expect short-term gains to be limited by weak demand and seasonal declines.
OPEC+ countries have agreed to increase oil production by 137,000 barrels per day from November to regain market share. This decision was made despite differing views between Russia and Saudi Arabia on the volume of the increase.
Russian President Vladimir Putin stated that North Korea, BRICS, and other “neutral countries” made efforts for a peaceful resolution of the conflict in Ukraine. He noted that the actions of these countries differ from the behavior of Europe and the United States under the administration of former President Joe Biden.
Brent and WTI crude futures rose by 0. 31% and 0.32% respectively, after falling for the previous three sessions. The increase is due to the potential tightening of sanctions on Russian oil and WTI approaching the $60 support level.
Brent and WTI crude futures rose by 28 and 26 cents respectively after two days of declines. Investors are assessing OPEC+'s plans to increase production and the consequences of the US government shutdown.
Hamas negotiators stated that they would conscientiously consider the "peace plan" proposed by US President Donald Trump and provide a response. The plan envisages an immediate ceasefire, an exchange of hostages for prisoners, and the disarmament of Hamas.
Donald Trump has proposed a 20-point peace plan to end the war in the Gaza Strip, which has been approved by Israel, the Palestinian Authority, and a number of Arab countries. Hamas is studying the proposal, while Palestinian Islamic Jihad called it a "recipe for an explosion in the region."
Electronic Arts has been sold for $55 billion to a consortium that includes an investment fund from Saudi Arabia. This deal is the largest in the history of the gaming industry, with the current management remaining in their positions.
Indian oil refining company Nayara Energy Ltd. , partially owned by Rosneft, is resuming operations and sales after a crisis caused by sanctions. The company is working with banks to simplify payments in local currency and is restoring its export network.
Donald Trump's family has doubled its fortune to ten billion dollars since his election as US president in 2024. The main source of enrichment has been the cryptocurrency sector, as well as real estate and consulting.
The Ukrainian national football team defeated the Republic of Korea with a score of 2:1 at the Youth World Cup. Ukraine will play its next match against Panama on September 30 at 23:00.
On September 27, the 24th FIFA U-20 World Cup kicks off in Chile, where Ukraine will play its first match against South Korea. The tournament will last until October 19, 2025.
Microsoft and Asus have officially opened pre-orders for the ROG Xbox Ally and ROG Xbox Ally X, which will go on sale on October 16. Prices for the consoles range from $499 to $1599 depending on the model and region.
The Kingdom of Saudi Arabia will provide $90 million to the Palestinian Authority, as announced by Foreign Minister Prince Faisal bin Farhan. This funding is part of the International Coalition to Support Palestine, founded by Riyadh.
India has appealed to the United States to allow the import of Iranian and Venezuelan oil to compensate for reduced purchases of Russian crude. New Delhi emphasizes the need to maintain the country's energy security and curb the rise in global energy prices.
The Israeli city of Eilat was hit by a drone strike from Yemen, carried out by militants of the "Ansar Allah" group. As a result of the attack, over 20 people were injured, two of them in serious condition.