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/EVENT

Events

Live coverage of the big market-moving stories that run for weeks, such as the third Gulf war, the Strait of Hormuz crisis and the Red Sea. Each event has one page where every related story gathers within minutes of publication, with a "what changed" line for each update, a situation summary refreshed as things develop, the key facts, and how oil, gold and the related stocks have moved since the event began and today. Big events contain smaller ones, each with its own page, so you can follow the whole picture or go into the detail. Below the live coverage are the events that have gathered three or more updates, ordered by their latest development.

AllBreakingDevelopingOngoingFadingResolved
AllCentral BanksForexCommoditiesStocksCryptoMacroGeopolitics
Commodities
CLUSDBZUSD
Breaking
Commodities

Drone Attack on Saudi Shaybah Oil Field Causes Casualties

On October 22, drone attacks claimed by the Houthi group targeted Saudi Arabia's Shaybah oil field and Dammam airport, resulting in multiple casualties including four deaths. Global oil prices climbed above $110 per barrel following the strikes as market concerns grew over energy infrastructure security. While the Houthis reported broader attacks on strategic sites in Riyadh and Yanbu, Saudi authorities confirmed the specific impacts at Shaybah and Dammam.

12 updates·Last update about 1 hour ago
CLUSDBZUSD
Page 1Next
Geopolitics
CLUSDBZUSD
Breaking
Geopolitics

US Orders Personnel Evacuation from Saudi Arabia After Shaybah Oilfield Attack

The United States ordered non-emergency personnel to evacuate Saudi Arabia following Houthi drone attacks on Saudi Aramco’s Shaybah oilfield, which resulted in two fatalities. These security threats drove Brent crude prices to surge, reaching $114.14 per barrel by October 23. In response to the attacks on energy infrastructure, President Donald Trump classified petroleum production as vital to national defense. Additionally, the Defense Production Act was invoked to provide financial incentives for the U.S. oil and gas industry.

3 updates·Last update about 8 hours ago
CLUSDBZUSD
Developing
Geopolitics

US and Israel Finalize Plans for Renewed Military Strikes on Iran After Midterms

The U.S. and Israeli militaries have finalized plans for potential strikes against Iranian energy, nuclear, and missile infrastructure following the U.S. midterm elections. Following reports of these plans and a meeting between Defense Secretary Pete Hegseth and Prime Minister Benjamin Netanyahu, global markets declined while Brent crude prices surged above $110 per barrel. In response to rising security risks, the U.S. is reducing its regional presence, while ongoing regional conflicts continue to support elevated oil prices.

8 updates·Last update about 15 hours ago
CLUSDBZUSD+2
Commodities
HOUSD
Breaking
Commodities

US North-East Faces Heating Crisis as Oil Prices Hit Record Highs

The US North-East is facing a heating crisis with record oil prices due to the conflict with Iran, prompting a reassessment of natural gas pipeline opposition. A US naval blockade has depleted Iran's offshore crude reserves and caused a $25 billion revenue loss, forcing Chinese refiners to seek alternative suppliers in Brazil and West Africa. Despite increased non-Iranian oil exports under US protection, the IRGC has claimed attacks on several vessels in the Gulf, while Tehran warned of potential strikes against US regional bases.

6 updates·Last update about 16 hours ago
HOUSD
Stocks
MSFTGOOGL
Developing
Stocks

OpenAI Ends Microsoft Exclusivity, Expands AI Models to Google Cloud

OpenAI has announced that its AI models will be available to developers through Google Cloud's infrastructure, ending its exclusivity with Microsoft. This move ensures that OpenAI models are now hosted across all three major U.S. cloud platforms. Additionally, the company is expanding ChatGPT advertisements to 26 more countries, bringing the total to 89 nations. These ads will target free users and Go subscribers in several countries, including Argentina, Nigeria, South Africa, and Ukraine.

3 updates·Last update about 19 hours ago
MSFTGOOGL
Developing
Stocks

FirstService Q3 Results Beat Estimates with $1.89 Adjusted EPS

FirstService reported its third-quarter 2026 financial results, featuring an adjusted EPS of $1.89, which beat analyst estimates and increased from $1.76 in the prior year. Revenue reached $1.53 billion, surpassing market expectations by $30 million and rising from $1.45 billion year-over-year. These results reflect a strong performance with both earnings and revenue showing significant annual gains.

3 updates·Last update about 19 hours ago
FSVAMAT
Crypto
BTCUSDIBIT
Developing
Crypto

US Spot Bitcoin ETFs Attract $550 Million Inflows in Two Sessions

US spot Bitcoin ETFs recorded over $1 billion in net inflows across three trading sessions, with BlackRock and Fidelity leading the activity. While inflows reached $526.6 million on Monday and $23.16 million on Tuesday, the current rates still lag behind the $235 million daily average seen during previous rallies. These significant inflows occurred even as Bitcoin's price retreated toward the $82,000 level.

3 updates·Last update 1 day ago
BTCUSDIBIT
Geopolitics
CLUSDBZUSD^IBEX
Developing
Geopolitics

Attack on Dammam's King Fahd International Airport Kills Two, Injures Eight

On October 21, the Saudi General Authority of Civil Aviation reported an attack on King Fahd International Airport in Dammam, resulting in two fatalities and eight injuries. The incident intensified concerns over supply disruptions, driving Brent and WTI prices higher on October 22. Technical forecasts suggest that breaking above key resistance levels could push oil prices toward $120 per barrel.

4 updates·Last update 1 day ago
CLUSDBZUSD+1
Geopolitics
CLUSDBZUSD
Developing
Geopolitics

Reports Refute Imminent US-Iran Deal as Negotiations Continue

Recent reports have refuted claims of an imminent deal between the U.S. and Iran, stating that while negotiations continue, no breakthrough is close. This reassessment of geopolitical risk caused crude oil prices to rebound above $97 per barrel and triggered volatility across global equity and bond markets. Iranian President Masoud Pezeshkian emphasized that sanctions and threats must be practically removed to pave the way for dialogue, noting that intensified sanctions are closing diplomatic avenues.

3 updates·Last update 1 day ago
CLUSDBZUSD
Forex
NZDUSD
Developing
Forex

New Zealand Inflation Data Boosts Hawkish RBNZ Expectations

New Zealand's Consumer Price Index (CPI) rose by 0.7% in the September quarter, bringing the annual inflation rate to 3.7%. Although this figure was slightly below the expected 3.8%, it has intensified market focus on a hawkish stance from the Reserve Bank of New Zealand (RBNZ). Consequently, expectations are growing for a 25 basis point hike in the Official Cash Rate (OCR) during next week's meeting.

3 updates·Last update 1 day ago
NZDUSD
Geopolitics
Developing
Geopolitics

US Envoy Witkoff Heads to Oslo for Ukraine Peace Proposal Talks

US envoy Steve Witkoff visited Oslo to discuss a peace proposal with President Zelensky and European leaders, while Jared Kushner joined the meetings virtually. Following the talks, the Kremlin agreed to resume technical-level discussions in Abu Dhabi on November 10, even as Russian missiles struck Kyiv shortly after. In financial markets, European indices closed higher led by the DAX, though French bond yields climbed to their highest levels since 2002.

3 updates·Last update 1 day ago
Stocks
NFLXSPCX
Ongoing
Stocks

Netflix stock falls 4% on slowing revenue growth forecast

Netflix shares fell 4% in after-hours trading following fourth-quarter revenue forecasts that missed analyst estimates. However, the company reported third-quarter earnings of 87 cents per share, beating the expected 82 cents. Third-quarter revenue reached $12.9 billion, a 12% year-over-year increase that matched Wall Street expectations.

3 updates·Last update 1 day ago
NFLXSPCX
Stocks
AMZN
Ongoing
Stocks

Anthropic Nears $45B Compute Deal with Nscale

Anthropic is in advanced negotiations for a $45 billion agreement with Nscale to secure essential AI computing power. This potential deal follows a draft prospectus disclosure on October 20, which revealed a significant net loss for the company. Specifically, Anthropic reported a net loss of $80.7 billion for the first half of 2026.

3 updates·Last update 2 days ago
AMZN
Macro
GBPUSD
Resolved
Macro

UK Inflation Expected to Hit 3.4% as Markets Price in November Rate Hike

UK annual inflation rose to 3.5% in September, exceeding the expected 3.4% and reaching its highest level since October 2025. Core CPI met market expectations at 2.8%, driven by persistent energy and service price pressures. Consequently, markets are now pricing in a 96% probability of a 25 basis point rate hike by the Bank of England in November.

4 updates·Last update 2 days ago
GBPUSD
Ongoing
Stocks

Heartland Express Reports $1.0 Million Net Income for Q3 2026

Heartland Express reported a net income of $1.0 million and earnings per share of $0.01 for Q3 2026, missing analyst estimates on both earnings and revenue. Total revenue reached $179.5 million, reflecting an 8.7% year-over-year decline. Despite the revenue drop, the company's operating ratio improved by 500 basis points to 98.7%, signaling a return to profitability. Additionally, the company reduced its acquisition debt by $35 million and repurchased $2.2 million in shares.

3 updates·Last update 3 days ago
HTLD
Resolved
Geopolitics

Two Saudi Pilots Killed in Helicopter Crash Near Yemen Border Amid Conflicting Claims

Saudi Arabia confirmed the deaths of two pilots following an AH-6i helicopter crash near the Yemen border, which the coalition attributed to a technical fault while Houthi forces claimed a shoot-down. These fatalities mark the first reported Saudi military losses since the conflict's resumption and coincided with Houthi attacks on Saudi energy sites and airports. Consequently, most Gulf stock markets declined, and WTI crude prices sustained a risk premium, eyeing a breakout level at $99.72 per barrel.

3 updates·Last update 3 days ago
CLUSDBZUSD
Resolved
Geopolitics

US Navy Strikes Commercial Tanker in Gulf of Oman Over Blockade Breach

US Central Command struck a commercial tanker in the Gulf of Oman for breaching a naval blockade of Iranian ports, marking the first such kinetic action in a month. This move follows a recent attack on Riyadh airport, with President Trump considering further military strikes against Iranian targets. Subsequently, two additional oil tankers were attacked near the Strait of Hormuz as regional tensions escalated. Analysts warn that these expanding strikes on vessels pose a significant threat to global oil flows.

8 updates·Last update 7 days ago
NMAX
Resolved
Macro

US PPI Surges to 6.3% in September, Exceeding Market Expectations

The US Producer Price Index (PPI) for September rose to 6.3% on a year-over-year basis. Additionally, the index recorded a monthly increase of 1.3% in September, according to data released on October 15. These figures indicate a surge in producer prices that exceeded initial market expectations.

6 updates·Last update 7 days ago
CRWVBNPQF
Macro
BTCBLKBAC
Resolved
Macro

US Headline CPI Expected to Rise to 3.7% in September on Energy Costs

US headline CPI is expected to rise to 3.7% in September, primarily driven by a significant jump in energy costs, while core inflation is forecast to remain steady at 2.4% annually. Global stocks face a critical test as investors await this data, especially as the odds of an October Fed rate hike fell to 25% following weak payroll figures. Meanwhile, energy prices reversed their initial gains during the New York trading session after providing temporary relief.

21 updates·Last update 8 days ago
BTCBLK+6
Resolved
Geopolitics

Houthi Strike on Riyadh Airport Threatens Global Aviation Profits

A Houthi attack on Riyadh airport has intensified struggles for the global airline industry amid soaring jet fuel costs. Airfares jumped 23.4% as IATA forecasted that industry profits would be halved. Furthermore, WTI and Brent oil prices rallied following the drone and missile strikes targeting Saudi Arabian airports.

6 updates·Last update 8 days ago
Resolved
Commodities

Crude Oil Settles Higher at $94.14 Amid Escalating Middle East Tensions

Crude oil prices rose to $94.14, with Brent later surpassing $106 per barrel amid escalating geopolitical tensions in the Middle East. Key drivers included Iranian threats in the Strait of Hormuz, attacks on tankers, and discussions between the U.S. and Israel regarding potential military operations against Iranian targets. Despite White House assurances that no strikes would occur before the U.S. midterms, market concerns were further fueled by a drain in global inventories and OPEC's forecast for stronger demand next year.

3 updates·Last update 8 days ago
Resolved
Geopolitics

US Congress Opposes Trump-Putin Diesel Import Agreement

President Trump is facing strong bipartisan opposition from U.S. lawmakers regarding an agreement to import millions of tons of Russian diesel, with critics claiming it funds Russia's war efforts and violates U.S. law. Lawmakers are questioning the legality of the deal, while energy analysts doubt it will significantly lower fuel prices driven up by the Iran war. Despite Republican senators labeling the agreement a 'gift' to an adversary, President Trump has defended the move as part of a declared energy ceasefire.

3 updates·Last update 9 days ago
Resolved
Geopolitics

Trump Evaluates US Military Involvement Against Houthi Rebels in Yemen

President Donald Trump is evaluating potential U.S. military involvement alongside Saudi Arabia against Houthi rebels in Yemen following missile attacks on Riyadh. The administration's review follows a strike on Riyadh airport that resulted in 12 deaths, including one American, and over 300 injuries. In response, the FAA issued warnings to U.S. airlines regarding navigation risks over Saudi airspace. These developments have specifically cast doubt on Delta Air Lines' scheduled launch of flights on October 23.

3 updates·Last update 11 days ago
Resolved
Geopolitics

Three Killed in Attacks Targeting Saudi Arabian Airports

Attacks targeting Saudi Arabian airports between October 8 and 10 resulted in the deaths of three Saudi nationals at Riyadh airport. The aviation authority confirmed the fatalities following a missile strike on the facility. Consequently, flight disruptions have escalated significantly across the region as a direct result of these attacks.

3 updates·Last update 13 days ago

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