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Libya's National Oil Corporation (NOC) issued a statement saying that on Monday, a group of militants shut off valve number 7 on the Sharara crude oil pipeline leading to the port of Zawiya, causing a sharp drop in production from the Sharara oil field.
According to The Times: British Prime Minister Burnham will meet with European Commission President Ursula von der Leyen on Tuesday to resolve the dispute over EU car regulations.
According to Iran's Tasnim News Agency, a spokesperson for the Qatari Foreign Ministry stated that Qatar is committed to facilitating an agreement between Washington and Tehran, even if it is only a short-term one.
According to Iran's Tasnim News Agency, Qatar stated that it is working to facilitate an agreement between Iran and the United States.
Hang Seng Index futures closed up 0.3% at 25,118 points in overnight trading, a premium of 75 points.
Israel Defense Forces (IDF): On Monday, an engineering vehicle ran over an explosive device while IDF forces were conducting routine operations in the Yellow Line area. No IDF personnel were reported injured. This action constitutes a blatant violation of the ceasefire agreement by Hamas. In response, the IDF attacked Hamas infrastructure.
Greenland Resources stated that it has signed binding long-term agreements with several steel companies, including Outokumpu and SSAB.
On September 22, it was reported that Daniel Peters, chairman of the Christian Democratic Union (CDU) in Mecklenburg-Western Pomerania and the party's leading candidate in the recent state parliamentary elections, announced his resignation as party chairman on September 21. Peters stated that he would take personal responsibility for the "crushing defeat." In the Mecklenburg-Western Pomerania state parliamentary elections held on September 20, the CDU received 4.9% of the vote, failing to cross the 5% threshold to enter the state parliament, marking its first failure to qualify. The Alternative for Germany (AfD) became the largest party with 38.2% of the vote, followed by the Social Democratic Party (SPD) with 35.5%. It is understood that the position of CDU state party chairman will be temporarily filled by Amtor, the State Minister in the Federal Chancellery responsible for federal-state cooperation.
On September 22, Iranian President Pezechzian met with Pakistani Interior Minister Mohsin Naqvi in Tehran on September 21. Pezechzian stated that Iran and Pakistan can meet their respective needs by utilizing regional potential. Iran looks forward to continuously advancing bilateral cooperation and hopes that these interactions will continue with stronger momentum in all areas. Iran believes that the actions and pressure exerted by the United States have paved the way for stronger integration and sustained interaction among regional countries, and the frequent meetings and consultations between Iranian and Pakistani delegations are a powerful example of this trend. Mohsin Naqvi stated that Pakistan is determined to further expand and deepen bilateral relations and cooperation in all areas, including trade, economy, tourism, politics, culture, and science.
Amazon Web Services (AWS): xAI's Grok 4.6 model is now available on Amazon (AMZN.O) Bedrock platform.
On September 22, Federal Reserve Chairman Mohamed Mussaleem stated on Monday that the Fed may need to further raise interest rates to curb inflation due to strong demand and the impact of commodity prices extending beyond the oil sector. He emphasized that the Fed should act sooner rather than later. Mussaleem stated, “Persistent demand and recurring supply pressures continue to exacerbate inflation risks. I believe that without further policy measures to curb inflation, it is likely that in 18 months, inflation will be significantly higher than our 2% target, rather than reaching it. I believe policy must impose meaningful constraints on inflation. This would allow the Fed to achieve its inflation target in about a year and a half, thus allowing time for tightening to have an impact on the economy.” He added, “Earlier, gradual tightening is more appropriate and less shocking to the economy than later, larger, and potentially more abrupt policy moves.” Mussaleem pointed out that inflation “is not a risk; it already exists,” and even after excluding the effects of oil and other supply-related factors, the underlying inflation rate could still be several percentage points higher than the Fed’s target and is “heading in the wrong direction.”
As of the 2:30 closing bell, the main Shanghai gold futures contract fell 0.39%, the main Shanghai silver futures contract fell 0.70%, and the main SC crude oil futures contract fell 2.26%.
Federal Reserve's Mussalim: Business contacts indicated they plan to raise prices to "close to 3%".
Federal Reserve Chairman Mossallem: Rate hikes are best done "earlier and gradually," rather than "delayed and drastic."
Federal Reserve's Mussalim: The labor market remains stable near full employment and is not a source of inflationary pressures.
Federal Reserve's Mussalim: Interest rates may need to rise further to curb demand- and supply-driven inflation.
According to a Reuters/Ipsos poll, only 17% of Americans approve of President Trump's handling of the cost of living.
US President Trump: We just took off from our newly built, very beautiful helipad, marking the first flight over the White House lawn. I want to thank Lockheed Martin CEO Jim Tyklett for this invaluable contribution to our country.
Iranian Revolutionary Guard: The US and Israeli regimes must realize that sooner or later they will have to accept a region free from their evil and crime, a fate they cannot escape.
On September 22, local time, after lengthy consultations, EU member states reached an agreement to extend sanctions against Russia for another three years. According to the agreement, the EU will extend sanctions against more than 3,000 Russian individuals and entities for 36 months, while removing two Russian business leaders from the sanctions list. This extension is significantly longer than the usual 6- or 12-month extensions. The EU hopes that by extending the sanctions period, it can avoid future deadlocks on the extension issue due to differences in member states' positions.
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