The main events by the morning: October 11

• Putin arrived in Turkmenistan on a working visit. In addition to participating in the forum «Interconnection of Times and Civilizations: The Foundation of Peace and Development», a meeting with Iranian President Masoud Pezeshkian is scheduled in the program of the visit. The leaders will discuss issues of bilateral cooperation, as well as the escalation of the conflict in the Middle East.

• Kazakhstan risks jeopardizing the OPEC+ agreement due to an increase in oil production at the country's largest field, Tengiz. The American company Chevron increased production at the field to a record 699 thousand barrels per day in October, which is 30% more than in August. In September, production was 687 thousand barrels per day.

• Russia has condemned Israel's strikes on Lebanon, including the attacks on Beirut. The Permanent Representative of the Russian Federation to the UN, Vasily Nebenzia, said that the Israeli attacks are purposefully aimed at densely populated areas. The United States is blocking any proposals by the UN Security Council aimed at a ceasefire in Gaza.

• Algeria has excluded France from the tender for the supply of wheat. This happened after Paris supported the transfer of Western Sahara under the control of Morocco. It is worth noting that this opens up opportunities for Russian grain exporters.

• Hurricane Milton could cost American insurance companies between $30 billion and $50 billion. Although this damage will not be record-breaking in scale, experts note that it will have a significant impact on the Florida economy and the insurance industry. For comparison, in 2022, Hurricane Jan of the fourth category led to losses in the amount of $ 60 billion.