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European Morning Brief · Monday 19 October 2026

The Trade Academy Team

4 days ago

1 min read

US troops killed, US strikes resume — yet oil falls on a Russian sanctions waiver
The war with Iran escalated over the weekend. Two US service members were killed in an Iranian attack in Jordan, the United States launched new air strikes on Iran in response, and Iran's Revolutionary Guards said another tanker had hit a mine in the Strait of Hormuz. Brent touched $110 on Friday for the first time since May, but has fallen 2.3% this morning to $107.33 after President Trump waived sanctions on Russian oil. On Wall Street, the Nasdaq fell 2.15% on Friday as chipmakers extended their longest losing streak since 2008, while Europe closed its best week since June. China's economy grew a faster-than-expected 4.5% in the third quarter. — US troops killed, US strikes resume — yet oil falls on a Russian sanctions waiver

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