Fed's MUSALEM said policy rates should be raised over the next 6–9 months.

EU gas coordination group says LNG supplies will depend on temperatures and demand.

On Oct. 8, the US Treasury said it had imposed a new round of sanctions on Iran, designating 17 vessels used to transport Iranian crude, refined oil products and petrochemicals. Treasury officials said the US estimates about 20 mln barrels of Iranian crude remain aboard ships outside the scope of US port-blockade measures. Officials added Iran has halted loading and unloading of crude tankers because of the US blockade and sanctions. Earlier the same day President Trump said he was holding productive talks with Iran and would not attack Iran before the Nov. 3 US midterm elections.