Writing the summary…
Trump turns to Russian diesel ahead of midterms, but analysts see little price relief
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
Judge orders Trump administration to immediately stop taxpayer-funded TV ads
The ads featuring President Trump have been criticized as government propaganda and as aimed at influencing the outcome of the midterm election.

Nobel prize for economics awarded to two Americans, Hall and Woodford, for work on New Keynesian models – business live
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Robert Hall and Neil Woodford for developing the “microeconomic foundations of macroeconomic stabilisation” There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...
India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
Global travel warnings after Iran-backed Houthi militants strike Riyadh airport
The Saudi-led coalition responding to the attacks said Monday it was dealing with more drones and missiles heading toward the Kingdom.

Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Robert Hall and Neil Woodford for developing the “microeconomic foundations of macroeconomic stabilisation” There’s some movement in the Nobel economics prize betting, with around 45 minutes to go until the announcement. Sidney Winter, the professor emeritus of management at the Wharton School , and Lawrence Katz, the Elisabeth Allison Professor of Economics at Harvard University, have both appeared high on Polymarket’s odds at times this morning (although the market is very volatile). Continue reading...
Brent tops $105 as doubts grow over supply boost from Trump’s ‘energy ceasefire’
Ukrainian President Volodymyr Zelenskyy said that "Ukraine supports the ceasefire, and it is important that Russia support it as well."