The World in Brief from The Economist

Saudi Arabia shut down its East-West oil pipeline as a “precautionary measure” after it was attacked by drones launched from Iraqi territory; Russia attacked two petrol stations in Kyiv, Ukraine’s capital, with jet-powered Shahed drones, killing two people.

Israel said it killed Mohammed Abdel Salam al-Yazouri, a senior Hamas commander who reportedly helped plan the October 7th attack, during strikes on Gaza this week

The yield on ten-year bonds reached 4.96%, close to the highest since 2007. Also, Houthi rebels seized Mocha, a strategic port in western Yemen, as fighting with Saudi-backed forces intensified.

America’s consumer-price index rose by 3.4% in the year to August, the same pace as in July. Also, Saudi Arabia shut down its East-West pipeline as a “precautionary measure” after a series of attacks, presumably by the Houthis.

Houthi rebels seized Mocha, a strategic port in western Yemen, as fighting with Saudi-backed forces intensified; The European Central Bank raised interest rates by a quarter of a percentage point, to 2.5%.

Iran said it had launched missiles at ten ships and an American base in Jordan in retaliation for American attacks that destroyed five tankers. Also, America’s Treasury department said it would begin to buy back up to $6bn-worth of long-dated government debt on Thursday.

America’s Treasury department said it would begin to buy back up to $6bn worth of long-dated government debt on Thursday as it attempts to contain borrowing costs.

America’s Treasury department said it would begin to buy back up to $6bn worth of long-dated government debt on Thursday as it attempts to contain borrowing costs; Brent crude, the international oil benchmark, surpassed $100 a barrel for the first time since July, as traders reacted to strikes between America and Iran.