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Today's News
Monday, October 12, 2026
President Trump allowed Russia to export 100,000 barrels of diesel a day to the United States as he seeks lower energy prices before the midterms. Bipartisan senators called the deal illegal under the 2022 sanctions law, while Dow Jones Energy’s Andy Critchlow said the volume is under 4% of the U.S. diesel market and would have little effect on prices.Saudi Arabia’s main international airport in Riyadh was attacked for the second consecutive day, killing one person in a missile strike claimed by Yemen’s Iran-backed Houthi rebels. The previous Saturday’s attack killed 12 people and injured hundreds, as Saudi Arabia’s counteroffensive in Yemen entered its second week.US President Donald Trump announced an immediate energy ceasefire between Russia and Ukraine, but neither Moscow nor Ukraine confirmed it. Ukrainian President Volodymyr Zelenskyy welcomed a ceasefire while awaiting details, and Russian forces later hit a power plant in Kharkiv.Hurricane Simon is pounding resorts and vulnerable towns along Mexico’s Pacific coast.A boat carrying hundreds of migrants from Djibouti to Yemen sank Saturday night near Obock, killing almost 140 people and leaving more than 80 missing, according to the International Organization for Migration. Djiboutian authorities said 82 people were rescued, and most passengers were from Ethiopia.



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