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Horizon

Horizon — 18 October 2026

Sunday 18 October 2026

World Geopolitics Markets

Briefing for 18 October 2026. Deadly crush at a Hindu festival in Kolkata, India. Markets: Bitcoin $81,637 · CAC 40 7,957 · Brent $109.86 · S&P 500 7,659 · Hang Seng 24,187

The last thirty days

World

A deadly crush in India, a fatal fire at a military base in Canada and forest fires in Indonesia blanketing Southeast Asia mark the day.

Illustration : Kolkata (India)
Illustration : Kolkata (India)Ketanmehta4u · CC BY-SA 3.0 · Wikimedia Commons
Top story
01

Deadly crush at a Hindu festival in Kolkata, India

At least 19 people died and around 25 were injured on Saturday in a crush that occurred during a Hindu religious festival in Kolkata, in eastern India. According to a report, the crush happened during sudden rain. Initial reports indicated 17 deaths.

Why it matters

Deadly crowd movements are frequent at large gatherings in India, due to poor management and security gaps.

02

Fatal fire at a Canadian military base in Alberta

Canadian Defence Minister David McGuinty indicated that people were killed and injured in an incident at a military base in Alberta, which caused a major fire. Neither the toll nor the cause have been disclosed, and the situation is described as very active and delicate.

Why it matters

A fatal accident at an allied country's military base is a rare event, with the toll and causes still to be established.

Canada4 sources
03

Forest fires in Indonesia plunge Southeast Asia under toxic smoke

Toxic smoke from forest fires in Indonesia triggered the maximum air quality alert level on Saturday for part of Southeast Asia. Sales of oxygen bottles and air purifiers are increasing. Two organizations report having evacuated 51 orangutans in Kalimantan since August 6.

Why it matters

Air pollution is affecting several countries in the region and threatening the health of their inhabitants.

Indonesia3 sources
04

Pope Leo XIV leaves hospital after lung surgery

Pope Leo XIV, 71, returned to the Vatican four days after undergoing surgery for a cancerous lung nodule at Gemelli Polyclinic in Rome. One of his doctors speaks of an 'absolutely satisfactory clinical condition'. He is to give the Angelus prayer on Sunday in St. Peter's Square.

Why it matters

The health of the head of the Catholic Church concerns more than one billion faithful.

Vatican City2 sources
05

Ten dead in fire at beach resort complex in Bangladesh

At least 10 people died and several others were injured on Saturday in a fire at a tourist complex near Inani beach, in Cox's Bazar, in southeastern Bangladesh.

Why it matters

The toll is heavy at a heavily frequented tourist destination.

Bangladesh1 source
06

Japan prepares a round-trip mission to a moon of Mars

Japan will launch a historic mission with return to Earth to a moon of Mars. It could also pave the way for future human exploration.

Why it matters

Such a round-trip would be a first and would advance space exploration.

Japan1 source

In brief

  • Sri LankaSri Lanka suffered a six-hour nationwide power outage on Saturday, from midday until dusk.The Straits Times ↗
  • RussiaA magnitude 6.9 earthquake struck near Ozernovskiy, Russia, according to the American geological institute.The Hindu ↗
  • MexicoEleven people are missing after a boat sank off Baja California, Mexico; sixteen survivors were taken care of.Al Jazeera ↗
  • UkraineA Russian military satellite, Cosmos-2612, is modifying its orbit to approach an American radar satellite, ICEYE-X36, whose operator provides data to Ukraine.The Hindu ↗
  • BrazilBrazil is set to vote on October 25 in the second round of the presidential election; candidate Flavio Bolsonaro wants to restrict the demarcation of indigenous lands.Le Monde ↗

Geopolitics

Trump suspends new sanctions against Russia, Israeli settlers attack a European diplomatic convoy and tankers hit mines in the Strait of Hormuz.

Illustration : United States — San Francisco
Illustration : United States — San FranciscoLightandtruth · CC BY-SA 4.0 · Wikimedia Commons
Top story
01

Trump suspends new sanctions against Russia

The American president has frozen the implementation of a law providing for heavy sanctions against importers of Russian hydrocarbons. Marco Rubio speaks of a sixty-day pause to analyze economic repercussions. This decision comes as Moscow targets Ukrainian energy infrastructure and the dispute between Donald Trump and Volodymyr Zelensky intensifies.

Why it matters

The decision eases pressure on Moscow amid war and relieves Indian refiners importing Russian oil.

02

Israeli settlers attack a European diplomatic convoy in the West Bank

Masked Israeli settlers attacked a European diplomatic convoy on Saturday in occupied West Bank. Bernard Baudoux, mayor of Aulnoye-Aymeries, was violently beaten. Benjamin Netanyahu's office states that diplomats should have coordinated their movements with the army, while the Israeli army condemns the violence.

Why it matters

An attack on European diplomats, including a French elected official, further strains relations between Israel and Europe.

Palestine Israel4 sources
03

Two tankers catch fire after hitting mines in the Strait of Hormuz

Iran states that two tankers, each carrying approximately two million barrels of crude, caught fire after hitting mines in the Strait of Hormuz. According to the Revolutionary Guards, they had taken an unauthorized route. Fires are also reported on three ships off the United Arab Emirates and Yemen.

Why it matters

The Strait of Hormuz is a major global oil transport route.

Iran United Arab Emirates3 sources
04

Houthis attack Saudi Arabia by drones, Riyadh retaliates around Taëz

The Saudi-led coalition says it intercepted and destroyed four drones over Riyadh, the Eastern Province and the south of the country. It also conducted airstrikes against Houthi positions around the Yemeni city of Taëz, which is besieged. Egypt is studying the sending of defensive support.

Why it matters

The conflict is spreading to Saudi territories, and Egypt could become involved.

Saudi Arabia Yemen3 sources
05

New Ukrainian drone strike on Saint Petersburg

A video posted on social media shows multiple explosions in Saint Petersburg, Russia, after a suspected attack by a swarm of Ukrainian drones.

Why it matters

The attack hits one of Russia's largest cities, at distance from the front.

1 source
Russia1 source
06

Rift between Trump and Zelensky: Starlink throttled in Ukraine

Volodymyr Zelensky states that speed restrictions on the Starlink satellite service in Ukraine are a 'planned operation'. According to him, a test shows they do not apply in other European countries. The rift with Donald Trump raises fears in Kyiv of losing vital support, particularly in intelligence.

Why it matters

Ukraine depends on this American support for its defense.

Ukraine United States3 sources
07

Protests against the government continue in Albania

Protesters are calling for the prime minister's resignation for a fifth consecutive day. On Saturday, violent clashes between protesters and riot police occurred in Tirana, after four months of unrest.

Why it matters

The protest has radicalized this week and is putting the government under pressure.

Albania3 sources
08

Macky Sall withdraws his candidacy for UN Secretary-General

The day after an initial indicative vote without consensus, the former Senegalese president announced his withdrawal from the race for UN leadership on Saturday. Argentine Rafael Grossi is among seven candidates who received a veto.

Why it matters

The race for UN Secretary-General is disorganized.

Senegal2 sources

In brief

  • United StatesIn the United States, 'No Kings' rallies against Donald Trump call for early voting, three weeks before the midterm elections.France 24 ↗
  • EthiopiaEthiopia has appointed an interim government for Tigray, following the offensive launched on September 23 by the Tigray People's Liberation Front.The Hindu ↗
  • MoroccoMorocco has formed a new government of thirty-two ministers before Mohammed VI; 40% were already in office and women are losing ground.Le Monde ↗
  • VietnamVietnam has signed a free trade agreement with Norway, Switzerland, Iceland and Liechtenstein.The Straits Times ↗
  • Democratic Republic of the CongoBelgiumTensions oppose the DRC and Belgium after searches at the home of Congolese President Félix Tshisekedi, targeted by an investigation into money laundering.Le Monde ↗
  • BulgariaBulgaria is asking NATO for anti-drone systems after drone strikes on two ships off the Romanian coast of the Black Sea.The Hindu ↗
  • PhilippinesChinaThe Philippines denounce as a 'barely veiled threat' remarks by China's ambassador, amid disputes in the South China Sea.The Hindu ↗
  • ChinaUzbekistanChinese Premier Li Qiang calls for deepening cooperation with Uzbekistan, particularly in minerals and artificial intelligence.South China Morning Post ↗

Markets

Wall Street fell in the last session (Nasdaq -2.15%) while Brent gained 3.72% to $109.86, and European and Japanese stock markets advanced.

Theme illustration : Oil platform
Theme illustration : Oil platformGuavaTrain · CC0 · Wikimedia Commons
Top story
01

Brent climbs 3.72% to nearly $110

Brent crude gained 3.72% to reach $109.86. Natural gas falls 2.56% to $3.12, gold advances 0.26% to $4,181.1 and the euro is worth $1.12 (+0.26%).

Why it matters

Oil at this level weighs on business and household costs, in a context of tanker fires in the Strait of Hormuz.

02

China considers new restrictions on technology exports

A Chinese draft announcement provides for a total ban on exporting 14 technologies and restrictions on 26 others, including next-generation solar technologies. Beijing also intends to control the export of its most advanced artificial intelligences.

Why it matters

These measures could affect countries dependent on Chinese technologies, particularly in solar.

China2 sources
03

India and China: Sitharaman points to a trade deficit exceeding 100 billion dollars

India's trade deficit with China exceeded 100 billion dollars in the first nine months. Indian Finance Minister Nirmala Sitharaman denounced this imbalance and market access restrictions. Beijing says it is ready to address India's concerns.

Why it matters

The trade imbalance weighs on economic relations between the two Asian giants.

1 source
India China1 source

In brief

  • JapanJapan will ban exports of gold whose origin cannot be traced, to combat tax evasion.Nikkei Asia ↗
  • ChinaToyota will manufacture the next generation of the Corolla in China from 2028.Nikkei Asia ↗
  • AustraliaAustralian housing prices are falling due to tax rules and rate hikes.Nikkei Asia ↗
  • JapanJapan is applying a rule requiring all real estate buyers to declare their nationality, which is worrying foreign investors.South China Morning Post ↗
  • Timor-LesteTimor-Leste President José Ramos-Horta announces the signing of agreements on the Greater Sunrise gas project within a few months.ABC News (Australie) ↗
  • ThailandBank of England Governor Andrew Bailey left an IMF session in Bangkok when the Russian Finance Minister took the floor.The Guardian Business ↗

Closing prices on 18 October 2026

Last close recorded for the briefing of 18 October 2026 (crypto: price at publication time, in US dollars). Information only, not financial advice. All markets and charts →

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 7,956.7 ↑ +0.28 %
DAX 25,622.61 ↑ +0.95 %
FTSE 100 10,881.9 ↑ +0.38 %
S&P 500 7,659.44 ↓ -1.09 %
Nasdaq 26,140.03 ↓ -2.15 %
Nikkei 225 65,324.29 ↑ +1.39 %
Hang Seng 24,186.83 ↑ +0.52 %
Petrole Brent 109.86 ↑ +3.72 %
Gaz naturel 3.12 ↓ -2.56 %
Or 4,181.1 ↑ +0.26 %
EUR/USD 1.12 ↑ +0.26 %

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 81,637 USD ↑ +0.18 %
Ethereum 2,410.32 USD ↓ -0.73 %
BNB 720.35 USD ↓ -0.05 %
Solana 103.51 USD ↓ -1.16 %
XRP 1.3 USD ↓ -0.88 %

aucun seuil franchi, marchés 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 109.86 USD ↑ +3.72 %
Gaz naturel 3.12 USD ↓ -2.56 %
  • Bab el-Mandeb — traffic at 97% of normal levels data from 11 October
  • Ormuz — traffic at 100% of normal levels data from 11 October
  • Malacca — traffic at 106% of normal levels data from 11 October
  • Suez — traffic at 100% of normal levels data from 11 October
  • Panama — traffic at 86% of normal levels data from 11 October
  • Bosphore — traffic at 93% of normal levels data from 11 October
  • Gibraltar — traffic at 101% of normal levels data from 11 October
  • Douvres — traffic at 100% of normal levels data from 11 October
  • Taïwan — traffic at 99% of normal levels data from 11 October
  • Cap de Bonne-Espérance — traffic at 95% of normal levels data from 11 October

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.

19,457 entries tracked at OFAC (US Treasury) · 1,010 entries tracked at the UN

Cyber

82 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.

qilin

First Brothers Co., Ltd

qilin claims to have compromised this organization.

vexy

polisee Inc

vexy claims to have compromised this organization.

byod

Decorolala - 500 Line Sample

byod claims to have compromised this organization.

n0n

Company #86

n0n claims to have compromised this organization.

n0n

Company #85

n0n claims to have compromised this organization.

n0n

Company #84

n0n claims to have compromised this organization.

Connectivity

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

  • Iraq — traffic at 16% of normal levels
  • Zambia — traffic at 43% of normal levels

The world in figures

The background to that day's news: public data (conflicts, earthquakes, commodities, agenda). They are not part of the colours or the risk index.

Coming up

as of 18 October 2026

Major central bank decisions and national elections in the following weeks, as known that day.

  • 25 OctoberD+7 Bulgaria · President
  • 25 OctoberD+7 Serbia · Parliament
  • 25 OctoberD+7 Brazil · President (2nd round)
  • 27 OctoberD+9 Israel · Knesset
  • 28 OctoberD+10 Fed: interest rate decision
  • 29 OctoberD+11 ECB: interest rate decision
  • 3 NovemberD+16 United States · House of Representatives and Senate
  • 5 NovemberD+18 Grenada · Parliament
  • 7 NovemberD+20 New Zealand · Parliament

Source : Fed, ECB, Wikipedia (electoral calendar)

Armed conflict

August 2026

11,118 estimated deaths +18.4 % · 49 countries

  • Ukraine 5,648
  • Yemen 1,380
  • Nigeria 1,015
  • Pakistan 551
  • Ethiopia 311
  • Sudan 272
  • Colombia 259

Central estimate, provisional monthly data; change versus the previous month.

Source : UCDP, Uppsala University (CC BY 4.0) ↗

Earthquakes

previous 7 days

116 of magnitude 4.5+ · 6 of 6+

  • 6.9 Russia 16 October
  • 6.8 central Mid-Atlantic Ridge 13 October
  • 6.7 central Mid-Atlantic Ridge 13 October
  • 6.2 Papua New Guinea 11 October
  • 6.1 Panama 12 October

Source : USGS (public domain) ↗

Commodities

September 2026

Monthly average world prices in US dollars; indices 2010 = 100.

Level1 month1 year
Energy149+25.7 %+70.0 %
Food124+3.8 %+15.8 %
Fertilizers147+0.4 %−1.7 %
Base metals166+0.8 %+35.1 %
Precious metals339−1.9 %+22.6 %
Detailed prices
Level1 month1 year
Brent crude117 $/bbl+28.5 %+71.8 %
Natural gas (Europe)25.42 $/MMBtu+20.4 %+128.6 %
Wheat347 $/t+5.2 %+48.4 %
Maize240 $/t+7.0 %+21.4 %
Rice482 $/t+2.3 %+28.9 %
Cocoa5.92 $/kg−0.5 %−15.8 %
Arabica coffee7.26 $/kg−8.9 %−17.8 %
Copper14,474 $/t+1.0 %+45.0 %
Gold4,319 $/oz−2.1 %+17.7 %

Source : World Bank, Pink Sheet (CC BY 4.0) ↗

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