Tidbits, War Escalations, Riots in France, USD Value & Exports, FOB 10/19/26
Tidbits
Rumors and broader fears focused on escalations in ongoing wars (especially Ukraine-Russia and Saudi-Houthi/Yemen), settler violence in the West Bank, and significant civil unrest in France, and on potential further expansion of violence in the Mid-East (tied to Iran related dynamics).
Ukraine conducted one of its largest drone attacks of the conflict overnight into Sunday, launching more than 1,000 drones. Strikes hit the St. Petersburg/Leningrad region, setting the Petersburg Oil Terminal and Ruchi oil depot ablaze, damaging the media giant’s VK data center, an Ozon logistics hub, an electrical substation, and a bridge carrying one of St. Petersburg's main oil port access routes.
Ukraine’s large-scale strike on St. Petersburg was in defiance of U.S. pressure for Ukraine to stop attacks on energy infrastructure, clean-up its corruption, hold elections, etc.
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