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October 19, 20267:22 AM

TAMRAH NEWS

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Your world news, all around the globe, in one clear read. From the Iran war and rising oil prices to Fed and ECB rate hikes, Middle East conflicts, Russia and Ukraine, the Israel election and Pakistan, every story is carefully compiled to give you the facts, the context and what to watch next.

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Trump backs Netanyahu for re-election and warns Iran of fresh American strikes

In a Sunday post, Donald Trump endorsed Benjamin Netanyahu and said the United States could soon finish the job against Iran. Tehran answered by daring him to try, and by accusing the Israeli prime minister of steering America into war.

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Iran threatens data centres and AI firms as it announces a “Persian Gulf Data Authority”

Iran’s parliamentary speaker said a new body will penalise anyone who funds artificial-intelligence or data businesses linked to the war. A senior security official had already put $2 trillion of cables, data centres and AI facilities within range.

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Islamabad denies US warships are using its waters against Iran

A viral report says American vessels are positioned in Pakistani waters to prepare strikes on Iran. Pakistan has rejected it, and no public evidence has been produced either way.

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Egypt readies support for Saudi Arabia as Houthi attacks widen

Egypt says it will provide Saudi Arabia with every form of support needed against the Houthis. Parliament resumes debate on Monday, and Cairo is considering joining a defence pact that already includes Riyadh, Ankara and Islamabad.

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Iran says Hormuz offer still stands as Brent reaches a five-month high

Foreign Minister Abbas Araghchi said the offer to reopen the Strait of Hormuz remains on the table. The United States says the waterway is open and that the nuclear question must come first, and oil has climbed towards $110.

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Yemen’s government claims 370 Houthis killed in 24-hour offensive

Yemen’s armed forces say they carried out 1,326 strikes in a day under “Operation Dawn of Yemen”. No independent confirmation was available, and the Houthis continue to target Saudi Arabia and the Red Sea.

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Trump waives Russia sanctions as Moscow’s foreign minister heads to Tehran

A late-night order suspended the toughest provisions of a sanctions law signed four weeks ago. On Sunday Mr Trump argued that pressing Moscow could push it towards Iran, and Sergey Lavrov is due in Tehran on Monday.

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Ukraine accuses Washington of throttling Starshield

Ukraine’s president believes the US government lay behind curbs on the satellite services his army depends on. Secretary of State Marco Rubio says the disruption was not deliberate and that Ukraine has no access to Starshield at all.

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Ukrainian drones set St Petersburg oil terminal ablaze

Drones hit an oil terminal and a data centre in Vladimir Putin’s home city early on Sunday. Russian officials say 145 were shot down over the region, and neither side’s account has been independently verified.

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Four Canadian soldiers killed as grass fire tears through Alberta training base

A fire that began during a training exercise at CFB Wainwright has killed four service members and sent dozens to hospital. Investigators are still working out how a grass fire became so deadly.

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France counts the cost of a night of fire after cost-of-living protests

More than half a million people marched on Saturday. By Sunday morning the interior ministry reported 1,800 arrests and about 500 injured officers and rescuers, and retailers were tallying looted shops.

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Israel’s election is deadlocked nine days out, polls suggest

Israelis vote on 27 October in their first election since the Hamas attacks of 7 October 2023. Polls put the former army chief Gadi Eisenkot narrowly ahead of Likud, with both blocs short of a majority.

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Iran names a defence minister and promises a “more devastating” response

Mehrdad Akhlaqi Ketabchi, a sanctioned veteran of Iran’s missile and aerospace industries, takes over the ministry. His first message to Washington was a threat.

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Washington’s energy problem: the Iran war collides with the midterms

Treasury and Energy secretaries say prices will fall once the conflict ends. The president concedes the war has been politically costly, and a Republican Senate candidate wants it wrapped up.

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Hot inflation keeps a second Fed rate hike alive for 28 October

US consumer prices rose 3.7% over the year to September, a four-month high, driven by fuel. The Federal Reserve meets on 27–28 October, a week before the midterm elections, and markets are split between an October and a December hike.

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IMF and World Bank close Bangkok meetings warning “winter is coming”

The annual meetings, held from 12 to 18 October and outside Washington for the first time in three years, were dominated by the Iran war. The IMF still sees global growth near 3% this year, but poorer importers of energy are in distress.

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In brief

The world has nearly burned through its oil stockpile buffer

Governments and companies drew heavily on stocks to cushion wars in the Middle East and Ukraine. At a London forum on 5–6 October executives warned that the cushion is thin, that US emergency crude stocks are at a 44-year low, and that gas could be the next pressure point.

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Wall Street sets records even as the 10-year yield tops 5%

The S&P 500 and Nasdaq hit record highs in the week to 9 October, with the S&P near 7,810. Third-quarter earnings are forecast to grow close to 30%, even as the 10-year Treasury yield sits above 5%.

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Lebanon braces for renewed war as Israel and Hezbollah trade threats

Anxiety is rising in Lebanon after 48 hours of escalating statements. UN peacekeepers are due to stop operating on 31 December, and a US-brokered framework ties any Israeli withdrawal to Hezbollah’s disarmament.

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Gaza’s ceasefire stalls as Israel resists the Board of Peace disarmament plan

Hamas has agreed a phased disarmament roadmap with the Board of Peace, but Israel has rejected the plan, and diplomats led by Jared Kushner are trying to bridge the gap. Israel reportedly blocked a Board of Peace base in Gaza.

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Netanyahu seeks to join the Saudi fight against the Houthis; Riyadh reportedly says no

According to a diplomatic source cited by Haaretz on 12 October, Israel’s prime minister asked, through US mediators, for Saudi approval to take part in operations against the Houthis. The report has not been confirmed by Saudi or Israeli officials.

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Twenty-nine countries accuse Iran of sabotage and plots after RAF Fairford incident

On 12 October the foreign ministers of the US, UK, France, Germany, Canada, Australia and 23 other states condemned what they called Iranian arson, sabotage, cyber-attacks and lethal plotting. The statement announced no new sanctions or military measures. Outlets reported the number of signatories as 29, 32 and 33.

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SpaceX’s $8bn spectrum deal rattles telecom stocks on both sides of the Atlantic

SpaceX said on 8 October that it had agreed to buy a nationwide low-band spectrum portfolio from Grain Management. Reuters reported a value of about $8bn, SpaceX did not disclose terms, and the FCC must still approve it.

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ECB turns hawkish as energy prices push eurozone inflation above 3%

The European Central Bank raised its deposit rate by a quarter point to 2.50% on 10 September. Oil above $105 and a strong dependence on imported energy keep pressure on prices, and France reported a sharp rise in inflation in September.

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