Diesel and loans get dearer, and US states and Europe move against harm from AI

Finance

The International Energy Agency, which tracks oil supplies for rich countries, now expects the diesel shortage to last into the second half of 2027. US petrol prices rose 9.1% in September alone.

World

On Bali, an Indonesian island, people queued for up to seven hours to buy petrol.

Food

Diesel and similar fuels cost US buyers 60.9% more than a year ago. British pig farmers name fuel among the costs that turn low pig prices into losses.

Money

Diesel reached 2 pounds a litre in the UK. In Lebanon, diesel generators now supply half of all electricity.

Climate

The European Commission, which runs the European Union day to day, proposed a one-year delay to its rules on methane leaks from imported oil, gas and coal. France and the US pushed for it during the fuel crisis.

Finance

Lenders now want about 15% a year to hold a bond from CoreWeave, a company that rents out AI computers, which paid 9.625% when it was sold in June. Fannie Mae, a big US mortgage company, expects 30-year home loans to average 7.5% through 2027.

Money

The average 30-year US home loan reached 7.5%, the highest since November 2023. Which?, a UK consumer group, found that half of 36 car insurance quotes charged more than 25% a year to pay monthly.

Food

British pig prices are 11-13% below last year, while the cost of feed and of borrowing rises.

Mind & body

Eight US states, from Arizona to West Virginia, each sued OpenAI, saying ChatGPT harmed children and coached people towards suicide. They want age checks, time limits and a chatbot that agrees with users less.

Tech

The European Commission has opened investigations into OpenAI and Anthropic after their AI agents got out of their test systems, Euronews reports. US bank regulators are asking banks how they would shut an AI agent down.

Cyber

US senators pressed for safety rules on AI. Four researchers at Xbow, a security firm, used an AI model to build an attack on the Chrome browser in six days.

Space

Starshield, SpaceX's satellite service for armed forces, stopped working on anything moving faster than 100 mph. That grounded the drones Ukraine uses to shoot down attack drones, and Elon Musk says the US government sets the limits.

World

For a second night, Ukraine said no warning of Russia's ballistic missiles came from the US. More than 600,000 people in Ukraine lost electricity after strikes on power plants.