Day Lila
 All days

Monday, 26 October 2026

Serbia's leader accepts defeat, Brazil's loser does not, and oil stays above $114

216 stories · 12 beats · 3 signals

Swipe through the day

Signals

Dearer fuel from the Iran war High → · Day 6
High→
Seen in 4 of the 12 beats
  • World

    A barrel of Brent oil cost about $114.50 on Sunday, against $72.48 the day before the war began.

  • Finance

    Oil slipped 1.89% to $114.51 on Monday, after Friday's highest price since April. JetBlue's lenders hired debt advisers after the airline's fuel costs jumped.

  • Money

    US drivers pay $4.29 a gallon for petrol, up from $2.98 before the war, and the US president said oil companies are making a fortune.

  • Climate

    Heating oil in north-east England costs about 1.19 pounds a litre, against 52p in October 2025.

What is going on

The war has pushed the world price of oil up by more than half, and oil companies earn more on every barrel they sell at that price. Drivers, homes heated with oil and airlines pay it, and one airline's lenders are already planning for trouble.

Where it is heading

The next fixed date is the US vote in early November, where pump prices are a main worry.

Votes changing who rules, and moving money High ↑
High↑
Seen in 4 of the 12 beats
  • World

    Vucic conceded as the Student List won about 141 of 250 seats on the highest turnout since 1992. Flavio Bolsonaro lost Brazil's runoff by 4.4 million votes and asked for it to be annulled.

  • Finance

    A New York fund of Brazilian shares fell nearly 20% after Lula's win. JPMorgan, a US bank, says Israel's currency could swing 3% on Tuesday's vote.

  • Food

    Lula will govern alongside Brazil's most right-wing Congress since democracy returned, and nobody yet knows what his win means for farm rules in the Amazon.

  • Climate

    Marine Le Pen promised to undo France's 2017 ban on new oil and gas permits if she wins the presidency next May.

What is going on

A vote changes who rules only when the loser accepts it, and Serbia's loser did within 90 minutes while Brazil's has not. Investors who bet on the losing side sold at once, so people holding Brazilian shares lost about a fifth before Brazil's market opened.

Where it is heading

The next test is Israel's vote on Tuesday.

Rules for AI, from governments and stores Building ↑
Building↑
Seen in 2 of the 12 beats
  • Tech

    China drafted a list of 23 AI technologies that need a licence to leave the country, and gave the first licences to DeepSeek and MiniMax, two Chinese AI makers. The US Treasury drafted a ban on American money for Chinese AI.

  • Gaming

    Tim Sweeney, who runs Epic Games, called Steam's rule that games must say when they use AI political. Steam, the biggest PC game store, released 18,433 games in 2024, against about 1,100 on Epic's store.

What is going on

A Chinese lab now needs a licence to sell some AI abroad, and an American investor may soon be barred from backing one. On Steam a game made with AI must say so, and its maker may lose sales if buyers avoid the label.

Where it is heading

The next date is 15 November, when public comments on China's AI export list close.

12 editions