Horizon

Horizon — 25 September 2026

25 September 2026

World Geopolitics Markets

Briefing for 25 September 2026. Deadly shipwreck on Lake Tanganyika in DRC · Houthis strike Saudi Arabia, France sends troops · Oil prices supported by Houthi attacks

The last thirty days

World

A deadly maritime disaster in the Democratic Republic of the Congo and massive forest fires in Indonesia dominate non-state news of the day.

Top story
01

Deadly shipwreck on Lake Tanganyika in DRC

A boat capsized on Lake Tanganyika in the Democratic Republic of the Congo, killing at least 41 people. Forty-nine passengers were rescued and search operations continue for missing persons.

Why it matters

This type of shipwreck, frequent on overcrowded African lakes, illustrates a recurring safety problem in river transport in the region.

02

Massive fires in Indonesia and regional pollution

Nearly 900,000 hectares have burned in Indonesia since the beginning of the year, notably in southern Sumatra and Kalimantan. Toxic fumes are invading homes, transformed into suffocating prisons for residents.

Why it matters

These fumes cross borders and affect air quality throughout Southeast Asia, a recurring phenomenon with regional health consequences.

Indonesia1 source
03

Devastating floods in Nepal, call for international aid

More than 1,400 people have died and 6,000 remain missing after floods and a glacial disaster that occurred in August in Nepal. The country is requesting donations rather than loans to finance reconstruction, valued in billions of dollars.

Why it matters

The Nepalese Prime Minister presented this event as a global warning about climate change, with a call for responsibility from wealthy countries.

Nepal4 sources
04

Hurricanes Polo and Nolo threaten Mexico and Hawaii

Hurricane Polo is striking communities in southwestern Mexico while Hurricane Nolo is strengthening near Hawaii, which faces its third cyclone threat of the year.

Why it matters

These simultaneous weather phenomena are affecting two distinct regions of the Pacific and illustrate an intense cyclone season.

1 source
Mexico United States1 source
05

Heavy snow interrupts expeditions on Manaslu in Nepal

Heavy snowfall has forced the cancellation of expeditions on Manaslu, one of Nepal's highest mountains. A four-day national alert was triggered from September 24.

Why it matters

This episode adds to the climate difficulties Nepal is already facing after the deadly floods in August.

Nepal1 source

Geopolitics

Houthi attacks against Saudi Arabia are intensifying and pushing France to send military resources, while Israel's diplomatic isolation is increasing at the UN.

Top story
01

Houthis strike Saudi Arabia, France sends troops

Yemen's Houthis, backed by Iran, attacked several areas of Saudi Arabia on Thursday with missiles and drones, notably targeting Aramco oil facilities. Emmanuel Macron announced the deployment of French military resources to protect a key energy site, while Saudi Arabia claims to have intercepted six ballistic missiles. Brent crude exceeded 106 dollars following these attacks.

Why it matters

This escalation threatens a major oil axis and is pushing a Western power to engage militarily in the region, with a risk of the Yemeni conflict spreading.

02

Netanyahu isolated at the UN, waves of delegations departing

Israeli Prime Minister Benjamin Netanyahu rejected accusations of genocide against Israel before the UN General Assembly, calling them the "biggest lie of the century". Several delegations left the hall before his speech, and protests took place in New York, with more than 100 arrests, including well-known figures.

Why it matters

This growing diplomatic isolation of Israel, amid Netanyahu's election campaign, illustrates a lasting international fracture over the Gaza war.

Israel4 sources
03

Trump-Xi summit in Washington without major breakthrough

Donald Trump received Xi Jinping at the White House for a lavish state dinner celebrating "strategic stability" between the two countries. Despite the cordial atmosphere, no significant progress was achieved on trade, technology or Taiwan.

Why it matters

The relationship between the two largest economic powers in the world determines trade flows and global geopolitical stability.

United States China4 sources
04

Ethiopian Tigray claims to be in "total war"

Rebel authorities in Tigray declared they are in "total war" against the Ethiopian government, as fighting pits federal forces against armed groups in the region. The Ethiopian army claims to have repelled new attacks.

Why it matters

A resumption of civil war in Tigray, after the deadly 2020-2022 conflict, would again threaten the stability of the Horn of Africa.

Ethiopia3 sources
05

Alleged sabotage of a Starlink station in Poland

A fire broke out at a Polish telecommunications station connected to the Starlink network, which notably provides internet coverage to Ukraine. The Polish government evokes sabotage, while Denmark alerts to a growing Russian threat.

Why it matters

This incident affects critical infrastructure for the Ukrainian war effort and is part of a series of acts attributed to Russian destabilization attempts in Europe.

Poland2 sources
06

Pakistani strikes in Afghanistan, border tensions

Pakistan conducted air strikes targeting ten sites in Afghanistan, killing four civilians according to Kabul. Islamabad claims to have also thwarted an Afghan attack at the border, killing several Taliban fighters.

Why it matters

This border escalation between two neighboring states that are nuclear or close to nuclear powers further weakens South Asian regional security.

Pakistan Afghanistan4 sources

Markets

Global markets remain broadly stable, with slight declines in Europe and Hong Kong offset by the firmness of the Nikkei, in a climate of low volatility.

Top story
01

Oil prices supported by Houthi attacks

Brent crude exceeded 106 dollars after the Houthis claimed successful attacks against Aramco facilities in Saudi Arabia. Brent is now trading at 105.57 dollars according to the latest market data.

Why it matters

A prolonged disruption of Saudi oil supplies would have repercussions on global energy prices.

02

French debt under growing pressure

France's 10-year borrowing rate climbed to 4.69% on Thursday, bringing the spread with Germany to an unprecedented level since 2012. This increase is added to the oil shock that is pushing central banks to revise their expectations.

Why it matters

A sustained deterioration in borrowing conditions for a major European economy could affect market confidence throughout the eurozone.

France1 source
03

Surge in diesel prices in Europe facing a possible American embargo

European gasoil contracts gained up to 7% after Donald Trump's statements evoking a plan to temporarily ban American diesel exports. Prices continue to rise in this context of uncertainty.

Why it matters

A restriction on American diesel exports would have a direct effect on energy costs for European consumers and businesses.

United States2 sources
04

Rise in American mortgage rates to 7%

The average rate for 30-year American home loans reached 7.03% on September 24, its highest level since January 2025. Some observers even mention the possibility of rates at 8%, as the yield on 10-year Treasury bonds is rising sharply.

Why it matters

This increase is weighing on the American real estate market and fueling political debates around debt, with possible repercussions on global growth.

United States3 sources
05

Isabel Schnabel leaves the ECB for the IMF

Economist Isabel Schnabel, member of the Executive Board of the European Central Bank and advocate of restrictive monetary policy, is leaving the institution to join the IMF, one year before the end of her term.

Why it matters

This departure comes in a context of upcoming renewal within the ECB and could influence the future direction of European monetary policy.

1 source
1 source

Today's indicators

Deterministic data, calculated by threshold or taken as-is from official sources — never judged by the model.

Markets

Closing prices and changes
ValueCloseChange
CAC 40 8,093.82 ↑ +0.15 %
DAX 25,463.77 ↑ +0.78 %
FTSE 100 10,712.93 ↑ +0.31 %
S&P 500 7,704.13 ↓ -0.02 %
Nasdaq 26,939.37 ↑ +0.01 %
Nikkei 225 66,364.2 ↑ +1.30 %
Hang Seng 24,510.09 ↓ -1.01 %
VIX 15.38 ↓ -1.85 %
Petrole Brent 98.66 ↓ -7.45 %
Gaz naturel 3.24 ↓ -1.70 %
Or 4,342.7 ↑ +1.04 %
EUR/USD 1.14 ↑ +0.17 %

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Crypto

Prices and changes of major cryptocurrencies
ValuePrice24h change
Bitcoin 84,449 USD ↑ +1.42 %
Ethereum 2,701.56 USD ↑ +2.45 %
BNB 775.14 USD ↑ +1.22 %
Solana 118.13 USD ↑ +4.51 %
XRP 1.55 USD ↑ +6.17 %

aucun seuil franchi, marches crypto calmes

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Supply chain

A combined reading of traffic through strategic straits and energy prices: two signals of the same possible tension on global supply chains. The more severe of the two prevails.

Energy prices and changes
ValuePriceChange
Petrole Brent 98.66 USD ↓ -7.45 %
Gaz naturel 3.24 USD ↓ -1.70 %
  • Bab el-Mandeb — traffic at 81% of normal levels data from 20 September
  • Ormuz — traffic at 33% of normal levels data from 20 September
  • Malacca — traffic at 105% of normal levels data from 20 September
  • Suez — traffic at 102% of normal levels data from 20 September
  • Panama — traffic at 90% of normal levels data from 20 September
  • Bosphore — traffic at 88% of normal levels data from 20 September
  • Gibraltar — traffic at 102% of normal levels data from 20 September
  • Douvres — traffic at 103% of normal levels data from 20 September
  • Taïwan — traffic at 91% of normal levels data from 20 September
  • Cap de Bonne-Espérance — traffic at 96% of normal levels data from 20 September

Ormuz — trafic a 33% de la normale (donnee du 2026-09-20)

International sanctions

Daily movement on the consolidated lists of OFAC (US Treasury) and the UN Security Council: the total almost never moves from one day to the next — the signal is the new entries since the last reading.

No new entries since the last reading.

19,391 entries tracked at OFAC (US Treasury) · 1,011 entries tracked at the UN

Cyber

78 ransomware claim(s) recorded worldwide over the last 48 hours (source: RansomLook). These are claims made by criminal groups on their own leak sites, never independently verified.

krybit

efada.sa

krybit claims to have compromised this organization.

rhysida

NEAD Pro

rhysida claims to have compromised this organization.

inc ransom

welgenone.com

inc ransom claims to have compromised this organization.

inc ransom

ukbjja.org

inc ransom claims to have compromised this organization.

inc ransom

bnlawmacau.com www.bn-ip.com

inc ransom claims to have compromised this organization.

wallstreet

Prater & Ridley Attorneys At Law

wallstreet claims to have compromised this organization.

Connectivity

Significant internet outages detected by IODA (Georgia Tech) over the last 48h.

  • Congo — traffic at 10% of normal levels
  • Guyana — traffic at 25% of normal levels