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DailyDrop.

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ATX—EUR/USD—S&P 5007,811.54▲0.59%10/9WTI$91.85▲0.39%10/9Gold—
World · Middle EastPress ✓ 7 outlets · death toll 12–14, depending on the source

Houthi attacks on Saudi Arabia: Riyadh airport stays closed until October 17, missile alert again on Monday

New since yesterday: Saudi Arabia extends the closure of the capital’s airport, the military coalition intercepts another missile, and the oil price stays high. The casualty figures differ depending on the source.

Saudi Arabia has extended the closure of King Khalid Airport in Riyadh. According to Livemint it remains closed until October 17, while CNA speaks of “this week” (CNA, Livemint, Reuters). The cause is repeated missile and drone attacks by the Yemeni Houthi militia since the weekend. The heaviest blow hit the departures area on Saturday, October 10; since then 14 people have died, according to CNA, while the paper Philstar gives twelve dead, and more than 300 people were injured. On Monday the Saudi-led military coalition reported that a ballistic missile fired at Riyadh had been intercepted; the Houthis declared that they had attacked the airport with a ballistic missile (Saudi Gazette, GMA, Tagesschau, ORF). Explosions were heard in Riyadh, and residents had previously been warned of a “hostile threat.” Airlines cancelled their connections: Reuters reports a cancellation rate of 46.4 percent at all Saudi airports, while Kronen Zeitung speaks of 1,500 cancelled flights (this source only). German Economy Minister Katherina Reiche, who had been stuck in Saudi Arabia since the weekend, was able to travel home, according to Zeit. The Houthis control the Yemeni capital Sanaa and have been fighting the Saudi-led alliance for more than a decade (ORF).

The situation has economic consequences. The price of Brent, the benchmark grade for North Sea oil, stood at around $106 a barrel on Monday (FinancialJuice, The Hill); the news agency Reuters reports that top oil executives were dropped from the program of an energy congress in Riyadh after the attacks. The agency AP reports that Saudi Arabia is investigating why air defenses failed to prevent the first attack. Iran, which is regarded as a backer of the Houthis, offered to mediate between the militia and Riyadh (Straits Times only). UN Human Rights Commissioner Volker Türk condemned the attacks on civilian airports (Saudi Gazette, Asharq Al-Awsat). The Houthis claim that the Saudi air force flew 119 air strikes within 24 hours; this is not confirmed (Republika, Detik). For Austria, fuel prices and travel to the region matter most; whether Austrian visitors are affected is not known to DailyDrop. How long the conflict will last is open: according to ANSA, Riyadh wants to reach a ceasefire with the Houthis before an investor summit and is counting on Pakistan for that (ANSA only).

The consequences are also felt outside the region. The US embassy advised its nationals to be careful when choosing Saudi airports, according to Detik. Indonesian tour operators postponed pilgrimages to Mecca and Medina, and Malaysia Airlines cancelled flights (Detik, Republika). Three of four injured Filipinos were in intensive care on Monday, according to Manila Times. Turkey, Pakistan, Egypt and Saudi Arabia condemned the attacks (Reuters). Livemint explains why missiles get through by pointing to mixed attacks of drones and missiles that are hard to intercept. A Middle East expert told Kurier that Trump had “given up the war against the Houthis very quickly” (Kurier only). Whether Washington will intervene is open.

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By the numbers
Oct. 17date until which Riyadh airport stays closed, according to Livemint
46.4%cancellation rate at all Saudi airports, according to Reuters
≈ 106dollars a barrel of Brent on Monday
World · Ukraine · EnergyPress ✓ 5 outlets · volumes per Russian statements

Trump’s diesel deal with Russia: criticism from both parties, Moscow cites higher volumes

US President Donald Trump is sticking with the diesel agreement with Russia even though senators from both parties warn that it may violate laws and harm Ukraine (Reuters, Spiegel, Livemint). The agreement allows Russian diesel exports that had previously been held back by sanctions. According to Reuters, Trump’s envoys told Ukrainian representatives on Friday that it is meant to bring Moscow back to the negotiating table; envoy Kushner spoke of an attempt to make Russia “softer” (Reuters, FinancialJuice). Russia’s Deputy Prime Minister Novak declared that diesel exports could reach 3 to 3.5 million tonnes a month by the end of the year, more than Trump had stated (Reuters, Straits Times). The Kremlin at the same time rejected Zelensky’s idea of a 60-day ceasefire and wants a comprehensive peace agreement (Reuters). Moscow says it has delivered oil and gas worth $320.7 billion (about €286 billion) to EU countries since 2022 (Salzburger Nachrichten; Russian claim). Meanwhile the EU adopted almost 1,600 further sanctions listings against Russia (Reuters). Whether Congress will stop the agreement is open. Trump said Zelensky and Putin must sit down together and end the war (FinancialJuice). The energy ceasefire announced by Trump is not holding, according to Kyiv: Ukraine accuses Russia of violations (Reuters, AP), but Zelensky supports the proposal and is waiting for details from Washington (Mid-Day). Two people died in a Russian drone attack on Kyiv (ORF, Salzburger Nachrichten). Europe must expect another year of high gas prices because storage has fallen to a low, according to Reuters (Reuters only).

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Word of the day
BrentOil grade

Benchmark grade for crude oil from the North Sea; its price is regarded worldwide as a yardstick, including for Austria’s filling stations.


Domestic · JusticePress ✓ 5 outlets · account of the public prosecutor’s office

Vienna: arrest of Ukrainian journalist not connected to his profession, says prosecutor’s office

The Vienna public prosecutor’s office said on Monday that the arrest of the Ukrainian journalist was ordered because he had been observed at a place that two suspected spies had also scouted, and not because of his profession (Reuters, Straits Times). Interior Minister Gerhard Karner defended the action (Kronen Zeitung). The journalist, Mykhailo Tkach of the newspaper Ukrainska Pravda, had been arrested last week. According to reports, two Ukrainians who are said to work for their country’s military intelligence service had previously been taken into pre-trial detention; they deny the allegations.

Ukrainska Pravda demands an investigation into the conduct of the Austrian police (Kyiv Independent). Tkach says they were treated “like terrorists” (Zeit) and suspects that a third party may have deceived the authorities with a false report; this is not proven. The ORF Vienna newsroom speaks of open questions after the arrest of two Ukrainians. The investigation is led by the State Protection Directorate.

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Domestic · EconomyPress ✓ 2 outlets · demand only according to Kronen Zeitung

Railway workers open autumn wage round: union officials demand 3.3 percent, says “Krone”

The railway workers opened the autumn wage round on Monday afternoon, and not, as usual, the metalworkers, because the social partners agreed last year on a two-year “crisis settlement” for the metal sector (Salzburger Nachrichten). The railway collective agreement covers 55,000 employees.

Kronen Zeitung reports that the union officials want 3.3 percent more; only this newspaper gives the figure. They justify the demand with the upswing of the railways. According to “Krone,” the settlement could spill over to other sectors. There is no result; DailyDrop has no information on the employers’ position.

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Markets · Start of the weekPress ✓ 3 outlets · ATX and euro rate for Monday not confirmed

Markets: Brent at around $106, US central banker Hammack wants further tightening – ATX close not confirmed

The oil price stayed high after the Houthi attacks: Brent was quoted at around $106 a barrel at the close of trading (FinancialJuice, The Hill); CNA reports rising prices after Saudi Arabia announced a response. Beth Hammack, president of the Cleveland Fed, said, according to Bloomberg and FinancialJuice, that the Fed must keep raising interest rates but could choose smaller steps. In the US, yields recently rose; mortgage rates rose for seven weeks in a row, according to Bloomberg.

DailyDrop could not confirm from two sources the ATX closing price for Monday and the ECB reference rate for Monday; the displays above remain empty. Last confirmed: ATX 6,543.45 points on Friday, October 9 (−0.26 percent). Wall Street closed higher on Friday: S&P 500 7,811.54 points (+0.59 percent), WTI $91.85 (+0.39 percent). DailyDrop could not confirm Wall Street’s Monday close from two sources; a market data service shows the S&P 500 practically unchanged.

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In brief
  • Federal officers searched the home of Democrat Ilhan Omar; Trump called her “totally crooked”Salzburger Nachrichten, Reuters, AP, The Hill
  • Meta unveils “Muse Wonder” AI models, on a par with OpenAI and Anthropic according to MetaReuters, TechCrunch, CNBC
  • Nobel Prize in Economics goes to Americans Robert E. Hall and Michael WoodfordAP, Reuters, Straits Times
  • Krone poll: 73 percent want SPÖ leader Babler to leave as minister too (one source only)Kronen Zeitung
  • New electricity grid tariffs reward flexible consumption, those who need a lot at once pay moreORF, Der Standard
  • Pope Leo to be admitted to hospital on Tuesday ahead of surgeryReuters, Vatican
  • Ndukwe saves Levante a 3–3 draw against Sevilla in the 100th minuteDer Standard, Salzburger Nachrichten
  • Mexico: dead and missing after stormsSalzburger Nachrichten, Der Standard, NZZ
Seven minutes every morning, one front page

Unverified — what we could not confirm

“Saudi Arabia flew 119 air strikes in Yemen within 24 hours.” So claims Houthi spokesman Yahya Saree; Riyadh has not confirmed it, and all that is confirmed is that the coalition intends to respond to the attacks (Republika, Detik, CNA).
“Russia is behind the fire at the Starlink station in Poland.” The Polish government says so; no evidence was presented. All that is confirmed is the arrest of two Turks in Germany (Reuters, ORF, Tagesschau).
“The arrest of the Ukrainian journalist was revenge for his reporting.” That is what the person concerned suspects, saying a third party may have deceived the authorities with a false report; the public prosecutor’s office cites other reasons (Kyiv Independent, Reuters).
Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEHouthi attacks on Saudi Arabia: Riyadh airport stays closed until October 17, missile alert again on MondayWorld · Middle EastTrump’s diesel deal with Russia: criticism from both parties, Moscow cites higher volumesWorld · Ukraine · EnergyVienna: arrest of Ukrainian journalist not connected to his profession, says prosecutor’s officeDomestic · JusticeRailway workers open autumn wage round: union officials demand 3.3 percent, says “Krone”Domestic · EconomyMarkets: Brent at around $106, US central banker Hammack wants further tightening – ATX close not confirmedMarkets · Start of the week