Daily Open: Who's steering oil now?
Much for investors to digest as markets kick off another trading week as all U.S. bombers left a U.K. base over suspected terror attack, and more tankers were struck near Iran.
TL;DR
- All U.S. B-1 bombers redeployed from RAF Fairford, England, due to a discovered terror plot.
- Additional vessels were struck in waters near Iran and Oman, with Iran reiterating conditions for reopening the Strait of Hormuz.
- Yemen's government initiated a nationwide offensive to reclaim Houthi-controlled territory.
- OPEC+ agreed to keep November output targets unchanged.
- Brazil's presidential election is heading for a runoff between Flavio Bolsonaro and Luiz Inacio Lula da Silva.
- U.S. President Donald Trump appointed Jay Clayton as the administration's new AI czar to lead a White House task force on AI policy.
- Singapore is piloting a state-backed dating app for young government workers to address low fertility rates.