Daily News Summary – 2026-10-11 – en

Retail diesel hit a record $6.52 per gallon after the war with Iran closed the Strait of Hormuz, squeezing truckers and farmers. President Trump allowed red-dyed diesel use and announced a deal to import Russian diesel, but analysts say prices won't fall soon. Some Republican truckers now plan not to vote GOP in November.

A scientific team arrives at Nikumaroro atoll on October 12 to investigate a satellite anomaly that may be Earhart's Lockheed Electra. The expedition uses magnetometers, sonar, and dredging to test the Gardner Island hypothesis. Experts remain cautious but say discovery would be comparable to finding the Titanic.

An overcrowded boat carrying about 305 Ethiopian migrants capsized off Djibouti in the Bab el-Mandeb Strait, killing at least 139 people. The IOM called it the deadliest shipwreck on the route and highlighted the dangers faced by Horn of Africa migrants seeking work in Gulf states. 82 survivors are receiving care.

Russian forces struck Zaporizhzhia with five glide bombs, killing at least 15 and injuring 16. The attack came after President Trump announced a deal to import Russian diesel, which Ukrainian President Zelensky called Moscow's 'thanks' and a gift to Putin. European leaders criticized the fuel deal and reaffirmed support for Ukraine.

Saudi Arabia and the UAE are investing over $100 billion in lithium, cobalt, and rare earth assets across Africa, Latin America, and Central Asia. The Gulf states aim to become neutral intermediaries in the US-China resource rivalry, offering Western allies alternatives to Chinese processing dominance. The investments are reshaping global supply chains.