International News 16 September 2026
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Crude Oil Extends Rally as Saudi Pipeline Outage Deepens Gulf Supply Concerns
Global crude oil benchmarks continued their upward trajectory on Tuesday, September 15, 2026, fueled by persistent supply disruption fears following strikes against Saudi Arabian energy infrastructure that forced the shutdown of the Kingdom's East-West pipeline. The outage has cast severe doubt on regional efforts to circumvent vulnerable Persian Gulf maritime transit corridors. By 11:30 WIB, Brent crude futures for November 2026 delivery advanced $1.37, or 1.3%, to trade at $107.05 per barrel. Concurrently, U.S. West Texas Intermediate (WTI) crude for October 2026 delivery rose $1.53, or 1.51%, to $102.92 per barrel. The gains build on the previous session's momentum, where both benchmark contracts surged by more than 1% as markets priced in compounding physical bottleneck risks across Middle Eastern export routes.
Indian Police Seek Answers from Google After Busting Massive Fake Gmail Network Behind Bomb Threats
Indian law enforcement agencies are set to question Google over critical security vulnerabilities following the dismantling of a massive criminal network that created and managed more than 500,000 fake Gmail accounts to issue coordinated bomb threats against government offices. According to Reuters, the network was neutralized during a police operation this week in the state of Gujarat, resulting in the arrest of two individuals. Investigators recovered a staggering 513,847 active Gmail IDs and passwords, which the syndicate had reportedly utilized since 2022 to disseminate fake bomb threats across multiple Indian states. Vivek Bheda, a senior cybercrime official with the Gujarat Police, noted that the unprecedented scale of the fake account operation exposes severe gaps in the platform's automated defenses. Reuters was the first to report that Google has been formally integrated into the ongoing Indian police probe. Bheda confirmed that authorities intend to write directly to Google, urging the technology giant to implement rigorous policy changes and fortify its account verification protocols to prevent similar security circumventions in the future.
US Treasury Yields Hit 2007 Highs as Markets Brace for Fed Rate Hikes
The 10-year U.S. Treasury yield surged to its highest level since 2007 on Tuesday, September 15, 2026, as global markets braced for a sustained campaign of interest rate hikes by the Federal Reserve to combat sticky inflation. Short-term Treasury yields also reached mid-2024 peaks, with investors currently pricing in a 92% probability of a 25-basis-point rate increase on Wednesday. This expected move would lift the Fed's benchmark range to 3.75%–4.0%, with markets increasingly factoring in a terminal rate of 4.5% next year. The aggressive repricing of U.S. debt is generating significant spillover effects across global sovereign bond markets. In the United Kingdom, mounting pressure on long-term debt has reportedly prompted the Bank of England to consider halting planned sales of its 20- and 30-year government bonds (gilts), according to a report by the Telegraph. Market strategists anticipate the upward trajectory for borrowing costs will persist. Calvin Tse, head of U.S. macro strategy at BNP Paribas, noted that 10-year yields have further room to climb, driven by both a higher anticipated Fed policy path and expanding term premiums.