World
The truth: Saudi Arabia and the Houthis are now bombing each other's oil: Saudi-led jets hit fuel depots near Sanaa, and a Houthi missile set fire to an Aramco office in Dhahran.
Wednesday, 14 October 2026
370 stories · 12 beats · 4 signals
Signals
Saudi-led jets bombed fuel depots held by the Houthis, a rebel group in Yemen. A Houthi missile set fire to an office of Aramco, Saudi Arabia's state oil company, in the city of Dhahran.
A barrel of oil rose to about $107. Qatar's government income fell 42% in the first half of the year, because the Strait of Hormuz has been mostly shut to its gas ships.
Fuel for cars in Dubai cost 37.5% more in September than a year before. In South Africa, taxi owners say fuel takes most of their income, as a fare rise is debated.
Diesel in the US has risen about 70% since the war in Iran began. That has raised costs for the companies that grow cheap bananas, which travel thousands of miles in cooled ships and trucks.
Houthi missiles fired at the airport in Riyadh, Saudi Arabia's capital, killed at least 14 people, Saudi officials said. Asia's footballers are worried about January's Asian Cup, which plays 31 matches in Riyadh.
Character.ai, a chatbot app, filed for bankruptcy after its computing cost about twice its best month of sales. Meta's spare cash fell 91% in a year as it spends on AI.
Shares in US chip companies fell for a sixth day in a row. Volta, a new builder of data centres, must pay at least 11% interest to borrow $5 billion.
The US Energy Department said the company that runs a big grid in the eastern US may move data centres onto their own generators until 16 October. In an April survey, 56% of Americans opposed a data centre near their home.
Britain's own AI testing body told MPs it can test a model only when the company agrees. More than one in five AI summaries of asylum interviews at Britain's Home Office failed checks by experts.
Researchers at Georgetown University read the reports that 35 US makers of electronic health records must publish on how they check the AI tools inside them. The reports were inconsistent and often incomplete, yet every one of the companies had been certified.
CSG, a Czech weapons maker, bought 9.5% of MDA Space, the Canadian company that built the space station's robot arm. Amazon showed the US Army its satellite internet.
Russia's draft budget for 2027 gives a record 44% of federal spending to defence and security, twice the share for social programmes.
Johnson & Johnson, a US maker of medicines and medical devices, said its sales in the Gulf slowed. Its finance chief said Gulf states such as Kuwait and Saudi Arabia are moving money to defence.
12 editions
World
The truth: Saudi Arabia and the Houthis are now bombing each other's oil: Saudi-led jets hit fuel depots near Sanaa, and a Houthi missile set fire to an Aramco office in Dhahran.
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