Israeli police have opened an investigation into two senior civil aviation safety officials at the Ministry of Transport on suspicion of conflicts of interest and lapses in aviation safety oversight. The officials named are Devir Rubinstein, head of

Hungary's prime minister said the government will levy a 1.5% wealth tax on assets exceeding HUF 100 billion.

1. According to CCTV, the Indonesian Center for Volcanology and Geological Mitigation reported that Mount Semeru in East Java erupted at 5:29 AM local time on October 6th, with an eruption column reaching a height of approximately 900 meters. The eruption lasted 135 seconds, producing dense, gray volcanic ash that spread northeastward. Mount Semeru has been experiencing frequent activity this year. 2. According to SMM, Pakistan officially launched the Block II Phase III project at the Thar coal mine on October 5th, increasing the mine's annual production capacity from 7.6 million tons to 11.2 million tons. Sindh Governor Murad Ali Shah stated that this expansion will add 3.6 million tons of annual capacity. The new capacity will allow Lucky Electric Power Company's 660 MW power plant to completely replace imported coal with Thar coal. The expansion project is expected to reduce foreign exchange expenditure by approximately $220 million annually. 3. The registered sugarcane planting area in India's Solapur region has decreased significantly by 32,948 hectares. Currently, the total sugarcane area available for crushing in the new season is only 227,052 hectares, compared to 260,000 hectares in the previous year. Overall, the sugarcane planting area in the region has decreased by approximately 12.7% this year. 4. Data from the Southern Peninsula Palm Oil Crusher Association (SPPOMA) shows that from October 1st to 5th, 2026, Malaysian palm oil yield per hectare decreased by 5.02% compared to the same period last month, oil extraction rate decreased by 0.18% compared to the same period last month, and production decreased by 5.97% compared to the same period last month. 5. A report from the Brazilian Vegetable Oil Industry Association (Abiove) states that Brazil's soybean crushing capacity is expected to increase by 13% this year compared to last year, reaching 86.4 million tons per year, reflecting strong demand for soybean oil and soybean meal. Abiove projects Brazil's soybean crushing volume to be 63.5 million tons this year. 6. EIA Short-Term Energy Outlook: The EIA projects WTI crude oil prices at $88.21/barrel in 2026, up from the previous forecast of $84.65/barrel. The EIA projects WTI crude oil prices at $79.74/barrel in 2027, up from the previous forecast of $69.74/barrel. The EIA projects Brent crude oil prices at $96.32/barrel in 2026, up from the previous forecast of $91.01/barrel. The EIA projects Brent crude oil prices at $83.74/barrel in 2027, up from the previous forecast of $73.74/barrel. 7. According to the Financial Times: Intercontinental Exchange (ICE) has begun offering gold futures trading in London, the latest attempt to introduce precious metals derivatives to this global physical gold bar trading center. The exchange launched precious metals contracts this week linked to daily London auction prices. In addition to gold, the company also launched contracts for silver, platinum, and palladium. 8. According to SMM, Emirates Global Aluminium (EGA) disclosed on October 5 that, based on its renewed agreement with a Guinean bauxite company, the first batch of Guinean bauxite is being shipped to the UAE. In late August, approximately 66,000 tons of bauxite were loaded onto a Panamax vessel at the port of Kamsar, Guinea. 9. The WTI crude oil futures contract closed up 0.54% at $89.91 per barrel; the Brent crude oil futures contract rose 0.76% to $101.08 per barrel.