A projectile struck a tanker in the Strait of Hormuz on Monday, sparking a fire in its engine room. The crew was working to extinguish the blaze, according to the UK Maritime Trade Operations office. The agency said the report was its 10th incident notice since October 1. U.S. President Donald Trump said the strait is no longer a factor behind higher gasoline prices for Americans.

The U.S. Commodity Futures Trading Commission has launched rulemaking for Regulation Crypto Asset Transactions (CTX) and Regulation Crypto Asset Markets (CAM) to build a nationwide framework for platforms offering retail customers margined, leveraged, or financed crypto trading. The proposal, rooted in provisions of the Commodity Exchange Act, would require customer trades to be intermediated through registered futures commission merchants and would impose standards such as capital, disclosures, and segregation of customer assets. The move is seen as the CFTC’s biggest step toward drawing offshore crypto trading back to the United States, aiming to harmonize oversight and strengthen investor protections.

Unite has warned that strike action by more than 160 Apache workers in the North Sea could shut down the Forties Pipeline System. The pipeline, operated by Ineos, carries 29% of the UK’s oil and 30% of its gas, and the union said stoppages could severely disrupt fuel supplies. Apache’s parent, APA Corporation, reported after-tax profits of £1.2 billion in 2025.

PTC Industries said its Q1FY27 consolidated revenue from operations rose 97.4% year on year to ₹1,918.0 crore. Net profit climbed 466.2% to ₹291.9 crore, while EBITDA increased 180.1% to ₹542.1 crore. Operating cash flow turned positive at ₹442.5 crore, compared with a negative outflow of ₹345.4 crore a year earlier.

The Trump administration has continued to channel large incentives into the nuclear industry, including a newly announced $4.2 billion federal loan to Ohio nuclear plant operator Vistra. Nuclear-related stocks have not rallied on the policy support, with Vistra down 9% year-to-date. Cameco and Brookfield Asset Management are also down 3% and 15% year-to-date, respectively. Investors have appeared unmoved by the announcements, with shares in several cases falling after the incentives were revealed.

Aave has raised the GHO borrowing rate on its Ethereum Core market from 4.25% to 4.5% to match the sGHO savings rate and remove an arbitrage gap that was funded by the DAO. TokenLogic proposed the adjustment on Oct. 2, alongside lifting the base rate from 2.75% to 3% and the optimal utilization APR from 4% to 4.25%. The change is intended to encourage borrowers to source repayment GHO via stability modules so reserves can be replenished, according to TokenLogic.

AMD said on September 28 it will acquire World Labs in an $8.2 billion all-stock deal. The company aims to strengthen its capabilities in artificial intelligence model research. The transaction is also viewed as a key move to secure AI talent as AMD pushes development of next-generation AI technologies.

S&P Global Ratings is launching a tool to assess blockchain-based lending vaults, which now hold about $10 billion in investor deposits. Deposits in digital-asset lending vaults have risen from roughly $1.5 billion in September 2024 to $10 billion as of September 2026. The company has also rolled out stablecoin assessments, rated a DeFi protocol and a Bitcoin-backed structured finance transaction, and said it plans to acquire blockchain security firm OpenZeppelin. S&P Global shares were trading at $ 386.27 and are down more than 20% year-to-date.