Foreign Exchanges

Foreign Exchanges

FX Week in Review

The Fortnight in Review: October 3-16, 2026

Ethiopia is gripped by civil war, Ansurallah airstrikes batter Riyadh, the U.S. and Russia strike a deal on diesel, and more

Ashley Gate
Oct 17, 2026
∙ Paid

In the last two weeks, the U.S. lifted its sanctions on Russian diesel exports. Ethiopia fell back into civil war. Israel continued to stymie aid flow into Gaza. Donald Trump threatened to resume the war in Iran after the midterms. And the Ansurallah group launched an intensive air campaign against Saudi Arabia.

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