Sputnik quoted Russian Deputy Prime Minister Alexander Novak at Russian Energy Week saying shipments through the Strait of Hormuz have not yet resumed, market volatility is high and prices remain elevated. Novak warned that if the blockade persists, oil prices would climb further.

Lebanese President Aoun said Israel has not complied with the framework agreement reached under US mediation.

As Q4 begins the seasonal lull has not materialized: monthly traded power prices rose in Guangdong and Jiangsu and southern spot power strengthened even after peak-summer demand began to fade. On Oct 13 the Jiangsu Electricity Trading Center issued the 2027 Jiangsu Electricity Retail Market Transaction Work Guidelines to promote wholesale-to-retail price pass-through. Industry experts say the current price rise reflects multiple supply- and demand-side factors and constitutes a reasonable market fluctuation; several broker utilities analysts judge 2026 may be the domestic electricity-price trough and that an inflection is emerging.