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Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surge
Brent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barrel.
Israel marks three years since Hamas' October 7 attack
Israel is commemorating the anniversary of Hamas's October 7 attack, which killed 1,221 people and resulted in numerous hostages. Memorial events are taking place nationwide under heightened security, amidst preparations for general elections in three weeks. Prime Minister Benjamin Netanyahu reaffirmed the country's commitment to eliminating Hamas and addressing security threats. The ongoing humanitarian situation in Gaza remains critical despite a fragile ceasefire established last year.
Oil prices rise as storms and air strikes threaten supply
As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending storm threatens to disrupt both production and refining processes, potentially affecting large quantities of crude oil and natural gas. Additionally, dwindling US crude and gasoline inventories contrast with a minor increase in distillate stocks.
School Assembly News Headlines, October 6, 2026: Check national, international, business, sports updates and thought of the day
School assembly news headlines October 6, 2026, cover major developments from India and around the world, including diplomatic ties, immigration, the Russia-Ukraine war, foreign worker visa rules, cricket updates and key business developments. The roundup also features a Thought of the Day by Nelson Mandela, giving students a concise mix of current affairs and inspiration for the morning assembly.
Saudi-backed Yemeni forces expel the Houthis from several areas around key strait, officials say
Forces of Yemen's internationally recognized government began a major offensive Monday against the Iranian-backed Houthi rebels on the country's Red Sea coast, under an intensified air campaign by the Saudi-led coalition.
Ukraine scrambles for money to fight war as Russian strikes batter economy
Kryvyi Rih, the hometown of President Volodymyr Zelenskiy, is severely impacted by Russian airstrikes disrupting economic activities. The city's largest employer has halted operations, contributing to a dire financial situation. Ukraine faces a significant budget crisis requiring $56 billion for this year to address military and economic needs. Delayed foreign aid adds to the challenges in funding essential services and defense spending.
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Yemen's government declares a major operation against the Houthis
Yemen's government has launched a military operation against the Iran-backed Houthi rebels near Taiz city. An Israeli airstrike in Gaza killed one Palestinian while wounding several others, amid an increase in such strikes. The Houthis have reportedly targeted Saudi oil facilities in recent conflicts, claiming significant strikes. Meanwhile, Iran has expressed openness to diplomatic solutions to ongoing tensions. The situation remains volatile as regional conflicts continue to escalate.
Explainer: Who are the Houthis, Iran's allies in Yemen?
Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territory. The renewed warfare has increased tensions in the region, jeopardizing Red Sea shipping routes and disrupting energy exports. The Houthis have previously demonstrated their missile and drone capabilities, impacting global trade and regional stability. The conflict, which has caused significant humanitarian crises, has recently escalated after a period of relative peace.
Russia to intensify strikes on Ukraine after Zelenskiy interview
Russia has warned it will intensify strikes on Kyiv and other parts of Ukraine after Ukrainian President Volodymyr Zelenskiy vowed to step up attacks on Russian oil refineries. Moscow said it would target military facilities, defence industry sites and related infrastructure, while Kyiv has accused Russia of escalating strikes on the capital. Both sides deny targeting civilians.
Yemen forces strike Houthi targets after rebels claim Aramco attack in Riyadh
Yemen's internationally recognized government has confirmed ongoing military strikes against Houthi-controlled areas in Sanaa and Saada. This escalation follows the Houthi's missile and drone attacks on Aramco facilities in Riyadh. Houthi military spokesperson stated these actions were in retaliation for recent Saudi airstrikes on Yemeni territory. The coalition forces continue to exchange accusations of military provocation amid rising tensions.
Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes
Ukraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zelenskiy emphasized that civilian infrastructure would not be targeted during these operations. Ongoing Ukrainian counteroffensives have recaptured significant territory in the eastern Donbas region.
Pakistani airstrikes on Afghanistan kills four
Pakistani airstrikes targeted two houses in the Garmsir district of Helmand Province, Afghanistan. The strikes killed four individuals and injured six others, including women and children. Mawlawi Sher Mohammad Wahdat confirmed the details to Reuters shortly after the airstrikes occurred. This incident highlights the ongoing violence affecting civilians in the region. The situation raises concerns about the humanitarian impact of military operations along the border.
Iran's medicines soar in price as US blockade, sanctions squeeze pharmaceutical supplies
Medication prices in Iran have surged drastically due to US sanctions and ongoing conflict, creating significant hardships. Families are struggling to find essential medications, impacting their financial stability and well-being. Pharmaceutical imports have become increasingly difficult due to naval blockades and sanctions against airlines. The Iranian government is facing pressure to manage healthcare supplies amid concerns regarding shortages.
Israel strike kills Hamas armed wing head in North Gaza
An Israeli airstrike on Tuesday killed Izz al-Din Al-Beik, head of Hamas' armed wing in Gaza. His involvement in the October 7, 2023, attacks has been confirmed by officials. The airstrike targeted an apartment building in Gaza City's Nasr neighborhood, which resulted in one additional casualty. Medics also reported a subsequent airstrike near a clinic in Jabalia refugee camp killing another person.
Taliban claims success against Pakistan terrorists: 'Killed 28 fighters & wounded 32 others'
Taliban has claimed that its forces killed 28 fighters and wounded 32 others in Afghanistan’s Nuristan province after alleged ISIS militants crossed the border from Pakistan. Afghanistan’s defence ministry said the group entered Kamdesh district with plans to carry out attacks and accused Pakistan-backed forces of supporting the infiltration. Pakistan has not yet responded to the claim.
At least 33 people killed in western Myanmar airstrike, rebel group and aid worker say
A recent military airstrike in Kyauktaw, Rakhine state, resulted in 33 deaths and numerous injuries. Local sources indicate that the airstrike targeted a civilian area rather than combatants. This incident is among the deadliest since a similar attack on a hospital last December. Myanmar has been experiencing a civil war since the 2021 coup, involving multiple armed groups.
Today's India has zero-tolerance policy towards terrorism: PM Modi
"There was a time when serial blasts had become a common occurrence. It was in this very month of September, specifically on September 13, 2008, that many innocent lives were lost in serial blasts in Delhi. Just a few weeks later, the massive 26/11 attack took place in Mumbai... In the past too, there used to be demands for action against Pakistan following every terror attack, but such calls were often not given due attention; time to pass by was simply awaited," Modi said.
Afghanistan says 28 fighters killed, 32 captured after crossing from Pakistan
Afghanistan stated that it has killed 28 fighters and apprehended 32 suspected Islamic State insurgents, claiming they crossed over from Pakistan to launch attacks in Nuristan province. Pakistan refuted these claims, calling them baseless and lacking proof. Rising tensions between the two nations have been fueled by ongoing cross-border conflict and airstrikes, with both sides alleging support for militant factions that jeopardize regional stability.
Uproar over SIR unfortunate, says Yogi Aditynath; demands apology from Congress, allies
Uttar Pradesh Chief Minister Yogi Adityanath has criticized the Congress party for weakening democratic institutions. He stated that the Congress and its allies should apologize for their remarks about the Election Commission. Adityanath highlighted that the Special Intensive Revision of electoral rolls has occurred multiple times previously.
Pakistan thwarts border attack, several Taliban dead, security sources say
Pakistan has reported thwarting an attempted attack by Afghan Taliban in Gulistan, with security forces remaining alert. Intermittent firing continued between Afghan forces and the Taliban, indicating rising tensions in the region. Recent airstrikes by Pakistan targeted Taliban positions in Afghanistan, leading to casualties on both sides. Islamabad accuses Kabul of harboring militants responsible for cross-border attacks, which are denied by the Afghan government.
Pakistan confirms strikes on 10 Afghanistan targets after resident says Kandahar hit
Pakistan conducted aerial and drone strikes on ten sites in Afghanistan associated with drone storage. These strikes were described as proportionate and limited to military objectives. The action followed previous drone attacks launched from Afghan territory targeting Pakistan. Pakistan's air defense systems were successful in neutralizing these threats before reaching their targets. The Information Minister confirmed the operations aimed to enhance national security and prevent further attacks.
US-backed Board of Peace unveils $2.5bn Gaza recovery plan
US President Donald Trump's Board of Peace announced a $2.45 billion Gaza recovery plan on Wednesday at a meeting of its members and stakeholders, in an effort meant to span over six months. Nickolay Mladenov, the high representative for Gaza of the Board of Peace, urged for backing of its plan.
India condemns Pakistan airstrikes in Afghanistan, warns of regional security risks
India strongly condemned Pakistan's airstrikes on Afghanistan's eastern provinces. These attacks killed several civilians and wounded others, according to reports. Pakistan stated it targeted terrorist camps and hideouts along the border. Afghanistan's Taliban government rejected the claims and vowed an appropriate response. India reaffirmed its steadfast support for Afghanistan's independence and sovereignty.
Pakistan says airstrikes in Afghanistan kill 28 militants; Kabul reports 3 civilians killed
Pakistani fighter jets struck suspected militant hideouts in eastern Afghanistan on Monday. These strikes killed twenty-eight militants and at least three civilians, according to reports. Afghanistan condemned the aggression and vowed a fitting response to the airstrikes. The Pakistani government blamed militants based in Afghanistan for recent attacks. This escalation threatens regional mediation efforts and complicates bilateral relations.
Pakistan launches fresh airstrikes in Afghanistan as Kabul warns of response
Pakistan conducted airstrikes inside Afghanistan early Monday, causing casualties. Afghan officials reported three deaths and six injuries from the Pakistani military action. Pakistan claimed twenty-eight militants were killed during the recent cross-border strikes. The United Nations documented significant civilian casualties from earlier Pakistani strikes. Former Afghan President Hamid Karzai criticized Pakistan's decision to expel Afghan students.
Bombs were loaded, targets were set, then Trump changed his mind. Behind America’s U-turn on Houthi strikes
US President Donald Trump ordered preparations for airstrikes against Iran-backed Houthis in Yemen after Saudi Crown Prince Mohammed bin Salman urged US military intervention, but later put the strikes on hold. According to The New York Times, US military preparations had advanced significantly, with target lists approved and warplanes being loaded with weapons, before Trump reversed the decision on Sunday.
At least three killed in Pakistani airstrike on Afghanistan
Pakistani airstrikes in Afghanistan killed three people on Monday. These strikes threaten to reignite tensions between the two neighboring countries. The dispute centers on Pakistan's accusations of Afghanistan harboring militants. Afghanistan denies these charges, calling militancy Pakistan's internal problem. The airstrikes followed a recent attack on a police facility in Pakistan.
Iran warns against new escalation by US and allies
Iran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an impending attack. Meanwhile, Yemen's Houthi rebels have targeted Saudi Arabia, striking both the capital and critical oil infrastructure. This escalation heightens tensions across the region, influencing global energy prices, amidst a backdrop of ongoing conflict with no diplomatic solutions in sight.
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