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G7 Releases 100M Barrels After Trump Threatens Diesel Ban
G7 countries agreed to release 100 million barrels of diesel and crude oil from reserves over four months after Trump’s export ban threat, with substantial diesel supplies hitting markets within 20 days to ease global fuel price pressures.
Global Food Prices Hit 4-Year High in September 2026 as Wheat, Corn Surge
FAO food price index climbed to 136 points in September 2026, up 1.5% from August. Wheat and corn prices hit multi-year highs amid Black Sea logistics disruptions and weather concerns.
Hawks Stun 36ers 114-92 in NBL Upset as Adelaide Struggles Without Stars
Illawarra Hawks beat Adelaide 36ers 114-92 in NBL upset on October 2. Hawks led 65-35 at halftime with Kelan Martin scoring 28 points. Adelaide coach Gleeson criticised his team’s effort.
NATO Faces Defence Spending Splits as Italy Cuts €8bn Budget October 3
NATO defence spending fractures as Italy cuts €8bn budget while Denmark, Poland and UK boost military investment. Russia’s nuclear threats and Arctic activity drive European rearmament.
US Deploys Third Aircraft Carrier to Middle East as Oil Surges October 2
US deploys third aircraft carrier to Middle East with 9,000 troops by November. Brent crude jumps 4.4% to $102.31 as Trump hints at post-election Iran strikes.
WA Police Ban Activists From Land Forces Expo Security Zone October 2
WA police ban climate activists from Land Forces Expo security zone in Perth using new powers. Six activists received ban letters. Event runs October 6-8 with 10,000 expected visitors.
German Fuel Tax Relief Starts October 1: Prices Drop 14-15 Cents, Then Spike
Germany’s October 1 fuel tax relief cut E10 prices to 2.06 euros and diesel to 2.20 euros by morning, but stations hiked prices 15-20 cents at noon, frustrating drivers seeking relief.
Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.