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The Reserve Bank of Australia is expected to begin raising its key interest rate again, according to Bloomberg, as policymakers' patience with stubborn inflation wears thin. The move would mark a return to monetary tightening after a pause, with markets and borrowers watching closely for the timing and size of the next increase.

Oil prices declined as hopes grew for renewed diplomatic engagement between the United States and Iran. Markets responded to expectations that eased tensions could reduce the risk of supply disruptions from a major oil-producing region. Traders often move prices on signals of de-escalation between Washington and Tehran, whose disputes have repeatedly affected global energy markets.

A senior Ukrainian commander says his forces are advancing in a key eastern battlefield, according to Reuters. The claim points to continued fighting along the eastern front, where control of ground has shifted back and forth during Russia's invasion. Details on the location, scale of the advance, and Russian response were not immediately given, and the report has so far drawn limited engagement as observers await independent confirmation from the front lines.

Pope Leo has called for concessions from both sides to bring an end to the war in Ukraine, as the conflict continues with no clear end in sight. The pontiff's appeal for compromise in negotiations is drawing attention as the fighting drags on and international pressure for a settlement grows.

Oil and fuel prices are climbing as markets react to Donald Trump's threats and ongoing conflicts in key regions. Supply concerns from war zones and political pressure on major producers have pushed costs up worldwide. Analysts are tracking where prices stand and what further escalation could mean for petrol, diesel and energy bills globally.

Bank Indonesia has reduced its interventions in the foreign exchange spot market, according to the central bank governor. The move suggests officials see pressure on the rupiah as easing, or a shift toward managing the currency through other tools. Traders and analysts will be watching whether the change affects the currency's stability in coming sessions.

Oil prices have climbed above $108 a barrel as markets react to fears that conflict between the United States and Iran could resume. Traders are pricing in the risk of supply disruptions from the region, and analysts warn further escalation could push prices higher still. Markets remain on edge awaiting any signal of renewed hostilities.

Mediators involved in talks over Iran's nuclear program are urging Tehran to make concessions, according to a Wall Street Journal report carried by SBS. The push comes amid growing fears that the standoff over Iran's nuclear activities could escalate into an all-out war. The mediation effort reflects mounting international pressure on Iran to compromise before tensions boil over further.

A group of Israeli rabbis has publicly called for the Gaza peace plan to be abandoned, voicing opposition to the deployment of international forces in the territory. The appeal puts religious leaders at odds with the framework backed by international mediators, adding a new voice of domestic resistance to the plan just as debates over its implementation continue.

Pope Leo has called for concessions from both sides as a means of ending the war in Ukraine. The appeal marks the new pontiff's entry into one of the world's most contentious conflicts, and it is drawing attention because calls for compromise are likely to be scrutinised in Kyiv, where ceding territory remains a highly sensitive issue.

British authorities are investigating a suspected terror plot targeting a military base in the United Kingdom that hosts American forces, and are examining a possible connection to Iran, according to the Wall Street Journal. The probe is likely to heighten tensions between London, Washington and Tehran amid already strained relations over security issues in the region.

Ireland's Data Protection Commission has fined Google €403 million following an inquiry into how the company processes users' location data. The decision, announced by the watchdog, adds to a series of major EU privacy enforcement actions against large technology firms under the GDPR. Details of any required changes to Google's practices were not immediately clear.

The UK's foreign minister publicly condemned Israel's government led by Benjamin Netanyahu and pledged stronger measures over its conduct of the war in Gaza. The statement marks a sharper tone from London toward a close ally, amid mounting international pressure over the humanitarian situation in the territory.

Economists polled by Reuters expect euro area consumer prices to have risen 3.5% year-on-year in September, up from 3.2% in August, which would mark the fastest pace in nearly three years. The expectations come ahead of the flash estimate due from Eurostat on Friday.

British police are investigating a suspected terrorist plot near a military base used by U.S. forces in the United Kingdom. Details of the alleged plot, including any suspects or arrests, have not been widely reported. The case has drawn international attention given the site's connection to American military personnel and ongoing security concerns in Britain.

Swedish Finance Minister Magdalena Andersson has given up her attempt to form a new government, leaving Sweden in political deadlock after November's election failed to produce a clear majority. The announcement deepens uncertainty over who will govern the country, with prolonged negotiations or fresh elections now possible.

Efforts to ease tensions between Washington and Tehran have hit a setback after Iran rejected a proposed seven-day plan, though both sides say diplomatic channels remain open. Deep differences over the nuclear file continue to block progress, with commentators noting domestic political pressures in the United States are complicating the negotiating environment.

Authorities have released details about suspects in an alleged terror plot near a UK air base used by US forces, though significant questions remain unanswered. The case has drawn attention because of the site's links to American military operations, and coverage so far focuses on the suspects' identities while noting gaps in what is publicly known about the alleged plan.

A former Pentagon official says the United States needs to control China's access to advanced semiconductors, arguing that restricting cutting-edge chip exports is essential to protecting national security and maintaining a technological edge. The comments add to the ongoing debate in Washington over export controls and technology competition with Beijing.

Representative Steve Cohen of Tennessee has introduced articles of impeachment against President Trump, according to a press release from his congressional office. The measure is comprehensive in scope, though it stands little chance of advancing in the current Congress. The move is drawing attention as part of ongoing political tension surrounding the president.