International News 22 September 2026

September 22, 2026 No. 634

Strait of Hormuz Commodity Ship Traffic Plunges Over 50% Amid Escalating Middle East Conflict

Commercial maritime traffic carrying vital energy and industrial commodities through the Strait of Hormuz has contracted sharply, stoking intensified concerns over the stability of global crude oil and liquefied natural gas (LNG) distribution networks as regional hostilities show no sign of abating. Shipping tracking data revealed that only 17 commodity vessels transited the strategic maritime corridor over the past weekend, down more than 50% from the 37 vessels recorded crossing during the prior weekend. The steep drop in vessel transits underscores mounting reluctance among shipowners, charterers, and maritime insurers to navigate Persian Gulf waters following repeated strikes on commercial vessels and surrounding energy infrastructure.

https://internasional.kontan.co.id/news/hanya-17-kapal-lewati-selat-hormuz-distribusi-minyak-dunia-terancam

 

Turkey Intervenes to Steady Equities as Tera Portfoy Liquidity Crisis Roils Capital Markets

Turkish capital market regulators stepped in to restore stability after a localized fund liquidity crisis triggered a sharp selloff across the country's benchmark stock index. The regulatory intervention followed severe equity market volatility sparked by default concerns at Tera Portfoy, a Turkish asset management firm currently under investigation after several of its mutual funds failed to satisfy investor redemption requests. The market-stabilization measures helped the benchmark equity index claw back a portion of its steep losses. In a statement released on Sunday, Tera Portfoy said it had completed redemption payouts to a portion of affected investors and remains actively engaged in securing liquidity for remaining claims. However, the firm noted that operational restrictions and containment measures imposed by market authorities have complicated and slowed the pace of the repayment process.

https://internasional.kontan.co.id/news/kasus-gagal-bayar-reksadana-guncang-turki-ini-yang-dilakukan-otoritas-pasar-modal

 

United Russia Wins Parliamentary Elections Handily as Putin Frames Vote as Referendum on Ukraine War

Russia's ruling United Russia party secured a decisive victory in the country’s parliamentary elections, according to results released by the Central Election Commission on Monday, September 21, 2026, with more than 95% of the ballots counted. The landslide outcome comes after President Vladimir Putin explicitly framed the legislative contest as a critical domestic barometer of public support for the ongoing war in Ukraine. The electoral sweep solidifies the Kremlin's institutional control following a high-tension election cycle that culminated in unprecedented drone strikes against Moscow and key infrastructure over the weekend.

https://internasional.kontan.co.id/news/partai-berkuasa-memenangkan-pemilu-parlemen-rusia