EU High Representative for Foreign Affairs and Security Policy Kallas said the EU hopes to extend sanctions as soon as possible.

Refinitiv reported an engineer at Libya's Sharara oilfield said crude output has fallen by about 200,000 bpd, leaving production at roughly 100,000–105,000 bpd.

Goldman Sachs said it is positive on Huahong Hongli (01347.HK), forecasting QoQ revenue growth of 11% in 3Q2026 and 15% in 4Q2026 versus 9% in 2Q2026, driven by Chinese AI spending and customers’ domestic-first procurement to secure supply. The bank said Huahong is expanding capacity with utilization remaining high amid strong demand and technology-node migration; generative AI is the main demand driver, lifting embedded flash, NOR flash and power-management IC demand. Huahong completed a September acquisition of a 97.5% stake in Huali Microelectronics; Huali has since become a wholly owned subsidiary and will be consolidated, which Goldman says broadens Huahong’s 12-inch manufacturing platform and supports long-term capacity and node expansion. Goldman expects strong demand to underpin utilization, ASPs and gross margins, notes Fab9A capacity will rise by about 40% by end-3Q2026 with full load targeted in 1H2027, and reiterates Buy with a 12-month PT of HK$335.