France has signalled possible support for Spain's Hernández de Cos to succeed Christine Lagarde as ECB president next year, people familiar with the matter said. EU leaders are aiming to reach agreement as soon as this month. The move could consolidate backing for the Spanish economist, who already has Madrid's endorsement, and help broker a package covering two other ECB executive board vacancies due next year. EU leaders will hold informal discussions on ECB nominations in Dublin on Friday.

India's oil imports from the Persian Gulf via the Strait of Hormuz have, for the first time since the U.S.-Iran conflict, exceeded imports from Russia as tanker round trips resume and Hormuz flows rebuild. Commodity data firm Kpler says month-to-date deliveries to India via Hormuz have risen to about 2.1 mln b/d, above roughly 1.8 mln b/d of Russian oil imports. Flows to India through Hormuz plunged from a February average of 2.8 mln b/d to about 247,000 b/d in April. Combined exports from major Gulf producers—Saudi Arabia, the UAE, Iraq and Kuwait—reached about 15.53 mln b/d in October, roughly in line with levels at the start of the year.

消息人士：原定于2026年10月举行的沙特旗舰级投资盛会未来投资倡议大会（FII）现将于2027年10月25日至28日在利雅得举行。