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Wednesday, 16 September 2026

A pipeline strike put oil at $109, and central banks in three countries moved on rates

303 stories · 12 beats · 3 signals

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Fuel and shipping routes shut by the war High ↑
High↑
Seen in 4 of the 12 beats
  • World

    A tanker called the El Gaia was attacked in the Strait of Hormuz and two of its crew are missing. Saudi Arabia's East-West pipeline, which was carrying 4 to 5 million barrels a day, is shut after a drone strike.

  • Finance

    Brent crude, the main world oil price, reached $109.39 on Tuesday. Drivers in the United States have paid about $107 billion extra for fuel since 28 February.

  • Food

    Mogadishu's port, in Somalia, brought in a ship of sugar straight from Sri Lanka, avoiding the fighting at the mouth of the Red Sea.

  • Tech

    Amazon says it cannot restore its cloud computing region in Bahrain, six months after strikes during the war with Iran.

Rules being taken away Building ↑
Building↑
Seen in 4 of the 12 beats
  • Climate

    The US Environmental Protection Agency finalised the repeal of carbon limits on coal and gas power stations on Monday. It also proposed cancelling every remaining greenhouse-gas rule for the power sector.

  • Cyber

    The US Federal Trade Commission removed the statement that made health apps warn their users about a breach. From next month US airlines need not pay for a hotel when a cyberattack cancels a flight.

  • Mind & body

    A gene therapy for deafness was approved on a single study of twelve children. The head of the US drug regulator says one trial rather than two will become the default for approving a medical product.

  • Biotech

    The US drug regulator opened a pilot on Tuesday to cut the wait before a medicine is first tested in people.

Countries putting conditions on what they will buy Building ↑
Building↑
Seen in 3 of the 12 beats
  • Tech

    The US commerce secretary has threatened tariffs of up to 100% on South Korean and Taiwanese chipmakers that do not build in America. SK Hynix is in talks to make memory chips inside Intel's unfinished Ohio plant.

  • Climate

    The US Commerce Department set anti-dumping rates of 123% on Indian solar producers and 94% on Indonesian ones. BYD, the Chinese company that sells more electric cars than anyone, said it will build electric trucks inside Europe to get past tariffs.

  • Food

    Ivory Coast made an electronic card compulsory for every cocoa purchase on 1 September, because Europe will soon refuse beans it cannot trace to a plot of land.

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