The Iran News in Brief digest reports that PMOI/MEK resistance units held weekly activities in Zahedan on October 23, 2026, displaying placards that rejected both clerical rule and a return of the monarchy. It also reports that Seyed Aqil Hashemi, founder of Kalemeh Network, said in an October 8, 2026 statement that pressure to promote Reza Pahlavi led to a human rights program on executions being blocked, and he named Abdol Fattah Khedmati. Following remarks by President Masoud Pezeshkian on fuel smuggling, oil and energy expert Hassan Moradi argued that routes used to transport petroleum products also need close surveillance, not just violations at fuel stations. On inflation, the overall rate for September 2026 was 4.24%, compared with 6.28% for the first income decile and 7.52% for the tenth, showing that lower-income households bear a heavier burden.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on ncr-iran.org ↗
Keywords
Iranoil pricesfuel pricesinflation
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- California Diesel Averages $8 . 242 as Tandon Blames Iran War
Republican congressional candidate Ritesh Tandon says President Donald Trump's Iran war has raised fuel costs, with California diesel averaging $8.242 per gallon in the week of Oct. 19 versus $6.276 nationally, per the EIA. He links higher diesel prices to rising merchandise prices and pressure on households living paycheck to paycheck. The BLS reported the all-items CPI rose 0.6% in September and 3.7% over 12 months (up from 3.4% in August), with gasoline supplying more than half the monthly gain as its index rose 9.1%; the release did not measure how much inflation came from the Iran war. The EIA said Brent went from $72 a barrel at the start of July to above $100 by July 23, and U.S. distillate inventories were 13% below their 2021–2025 average for the week ending Sept. 25. Tandon said that if elected he would seek to stop the war and control inflation.
- Oil crisis global short | Mail & Guardian
International Energy Agency (IEA) chief Fatih Birol warned in March that the world was about to face “the greatest global energy security threat in history,” and the global oil and refined fuel crisis is likely to continue into 2027. Crude oil prices passed US$100 this month, while diesel prices in the US and Europe passed US$200 a barrel; the IEA calculated that diesel exports from the Middle East in August fell to a quarter of pre-war volumes, and gas prices rose 160% since the US-Israel-Iran war. Fuel shortages are driving inflation, pushing central banks to raise interest rates, undermining economic growth, and stoking political unrest in many poor countries. The US is the world’s largest oil producer at about 13.6 million barrels per day, while the Middle East accounts for 31.5% of global crude and condensate output. The article says oil-import-dependent developing countries such as South Africa are the most threatened.
- Global oil prices hit highest level in 5 months amid attacks on ships , facilities
Brent crude futures topped $111 a barrel for the first time since May after Iran and its Houthi allies claimed attacks on Middle East oil infrastructure, before retreating to $110.30. That is up more than 55% since the Iran war began in late February, while U.S. WTI crude rose to $105.75, up more than 60%. Houthi militants claimed strikes on Saudi Arabia, including the Shaybah oil field and Saudi Aramco facilities in Yanbu, and the IRGC claimed two tankers hit naval mines south of the Strait of Hormuz. U.S. gasoline averaged $4.27 a gallon, nearly $1.30 higher since late February, with affordability a top voter concern before the early November midterms. The tentative U.S.-Iran accord expired in August, and the article notes the conflict had earlier pushed U.S. inflation to a three-year high in May.
- Secretary Bessent says Iran conflict will determine if oil prices go down in 2026
Treasury Secretary Scott Bessent told NBC News that the Iran conflict will determine whether oil prices fall before the end of 2026. He said core inflation is down and food prices are below the Fed's targets, and described the current energy price rise as an energy shock that would ease once the conflict ends. Gas prices have been rising because of the war, and former Trump White House economic adviser Steve Moore expects inflation to stay around 3.5%, above the Fed's 2% or lower target, while oil remains at $90–100 a barrel.
- Gas price calculator shows how far your money goes
A new calculator from the Get the Facts Data Team shows how many gallons a given amount of money buys at the pump, based on the EIA's monthly national average price for regular gasoline. Regular gasoline averaged $4.36 in September, and the gasoline index was up 34.2% year over year. The BLS reported that gasoline rose 9.1% in September, accounting for over half of the month's overall increase, and overall inflation reached 3.7% year over year as the ongoing U.S. war with Iran keeps oil prices elevated.
- Iran conflict blamed for US energy shock and pressure on gas and grocery costs
The US Treasury cited Treasury Secretary Scott Bessent's view that the current price surge is an energy shock tied to the Iran conflict and that prices will fall after the conflict ends. The Bureau of Labor Statistics reported consumer prices rose 0.6% in September and 3.7% over 12 months, with energy up 20.4% and gasoline up 34.2% from a year earlier, while grocery prices fell 0.1% for the month. Core CPI rose 2.6% over the year, up from 2.4% in August, and rent rose 2.8%, so the article notes the data do not support claims that core inflation or rents are falling. Brent crude settled at $109.86 a barrel on October 16, and freight costs for one planned US-to-Japan tanker voyage equaled $40.50 per barrel. Agricultural commodity prices rose 13% in the third quarter, and the International Fund for Agricultural Development warned that disrupted fertilizer and transport could push food prices higher.
Related markets
Latest news
- Prediction: Here's What $500 Invested in Archer Aviation Will Be Worth in 5 Years
The article profiles Archer Aviation (ACHR), a company developing electric vertical takeoff and landing (eVTOL) air taxis. JP Morgan analysts project the eVTOL market could be worth $1 trillion by 2040. Archer's second-quarter revenue was just $5 million as it has not yet begun commercial eVTOL operations, while operating losses rose 59% year over year to $279.2 million, mainly due to research and development on its Midnight design. Archer has been selected as the official air taxi provider for the Los Angeles Olympic Games, seen as a key proof of concept. With a $4.4 billion market cap, the article illustrates that a 20% annual return would turn $500 into $1,244.16 by 2031, but calls this a best-case scenario and notes investors face risks of large losses and delays, suggesting it may make more sense to wait for more information before considering a position.
- Why Are Investors Buying Credit Default Swaps to Hedge AI-Related Debt?
Investors are increasingly using credit default swaps (CDS) to hedge debt issued by companies in AI infrastructure, as these firms raise large sums for data centres and chips. Morgan Stanley Research reported weekly CDS trading linked to bonds from Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom and Nvidia averaged over $9 billion in September, up from under $2 billion per week in July. AI-linked debt issuance is estimated at $466 billion so far in 2026, versus $101 billion in the same period of 2025. Credit protection costs have hit record levels for several firms, including Oracle at 322 basis points (from 144 at the start of 2026), SpaceX at 226 basis points, Meta at 108 and Nvidia at 101 basis points.
- If the Stock Market Crashes, This Is the First ETF I'm Loading Up On
The article argues that stock markets will eventually crash, and that the Invesco QQQ Trust (QQQ) could be the first ETF the author would add to in such a downturn. QQQ tracks the Nasdaq-100 and holds major names including Nvidia, Microsoft, Amazon, Micron Technology, Meta Platforms, Alphabet and Tesla, giving broad exposure to the AI trade. The ETF is up 98% over the past three years, and Nasdaq-100 stocks trade at a blended price-to-earnings ratio of about 30, which the article calls already lofty. It notes QQQ fell 83% after the dot-com bubble burst and about 50% during the financial crisis. The piece also flags risks from heavy losses at frontier AI firms such as OpenAI and Anthropic, and suggests that if AI follows the internet's path, QQQ could be a way to take part in the eventual recovery.
- Netanyahu floats use of blockchain as solution to potential financial sanctions
Ahead of the October 27 elections, Prime Minister Benjamin Netanyahu said Israel could use blockchain and cryptocurrencies to bypass potential international banking sanctions, calling the technology a 'national strategic tool'. In a Channel 10 interview he said 'blockchain is an alternative to sanctions', a shift the article describes as moving crypto from an investment topic into part of economic defense. Opposition candidates, including Yashar party leader Gadi Eisenkot, criticized the idea, and the Bank of Israel said cryptocurrencies 'cannot be used as a route for bypassing sanctions'. Media commentators and rally attendees also pushed back, while CryptoJungle founder Ben Samocha argued that blockchain tools can track, block and freeze illicit funds, and that the Israeli economy is not fit to bypass sanctions using crypto.
- RBI does not target any price or level for rupee , says Governor Sanjay Malhotra
At the NDTV World Summit 2026 in New Delhi, RBI Governor Sanjay Malhotra said the central bank does not target 'any price or level for the Rupee', but will keep taking measures to curb speculation and excessive volatility to keep forex markets orderly. He said geopolitical tensions, supply chain disruptions, the West Asia conflict and trade uncertainty have made the central banker's job more challenging. Globally, inflation is elevated while growth is lower, with the IMF projecting 3.1% for this year. In India, inflation has risen steadily to 5.5 per cent, largely due to supply-side pressures, and the RBI has raised the policy repo rate by 25 basis points, with price stability as its top goal.
- Elon Musk Just Delivered Spectacular News for SpaceX Stock Investors
SpaceX (SPCX) shares have fallen 29% from a peak of $225 after their June listing, to $159.31 at the close on Oct. 21, with a trailing P/S of 67.5 versus 6.7 for the Nasdaq-100. Musk believes the super intelligence (SI) business could lift annualized revenue to between $500 billion and $1 trillion by the end of 2027, compared with $32 billion generated over the last four quarters. This relies partly on a 440,000-GPU Nvidia Vera Rubin cluster Musk wants online by mid-2027, and on the Grok Bot agent, which is still in beta. The article notes that if SpaceX reaches $500 billion in annualized revenue, its forward P/S could fall to 4.3 within about 15 months, while Wall Street's average forecast is $167 billion in revenue next year. Starlink had 13.6 million paying subscribers at the end of Q3, up 89% year over year.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.