{"id":72064,"date":"2026-09-21T16:08:16","date_gmt":"2026-09-21T20:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/"},"modified":"2026-09-21T16:08:16","modified_gmt":"2026-09-21T20:08:16","slug":"global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/","title":{"rendered":"Global Markets React to Trump\u2019s $10B Gulf Energy Plan, Russian Trade Shifts, and Falling Crude Prices"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#US_Proposes_%22PACT%22_to_Rebuild_Middle_East_Energy\" >US Proposes &quot;PACT&quot; to Rebuild Middle East Energy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#Energy_Markets_Retreat_Amid_Diplomacy_and_Supply_Risks\" >Energy Markets Retreat Amid Diplomacy and Supply Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#Russia_Reshapes_Agricultural_Trade_Policy\" >Russia Reshapes Agricultural Trade Policy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#Geopolitical_Tensions_and_Trade_Negotiations\" >Geopolitical Tensions and Trade Negotiations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-trumps-10b-gulf-energy-plan-russian-trade-shifts-and-falling-crude-prices\/72064\/#Corporate_and_Domestic_Developments\" >Corporate and Domestic Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Trump Administration proposes &quot;PACT,&quot;<\/strong> a <strong>$10 billion<\/strong> fund to rebuild Gulf energy infrastructure damaged during the seven-month Iran war, seeking <strong>$5 billion<\/strong> in matching funds from regional partners.<\/li>\n<li><strong>Brent Crude futures plunged 3.4% to settle at $100.34\/bbl<\/strong>, driven by potential easing of supply tensions and a possible short-term US-Iran agreement facilitated by Qatar.<\/li>\n<li><strong>Russia scraps export duties<\/strong> on wheat, barley, and corn through the end of 2026 to bolster its agricultural sector&#39;s export potential.<\/li>\n<li><strong>UK Prime Minister Andy Burnham<\/strong> is set to meet EU Commission President von der Leyen to resolve a critical dispute over automotive trade rules.<\/li>\n<li><strong>Trump\u2019s approval rating hits a near-term low of 32%<\/strong>, with only <strong>17%<\/strong> of Americans approving of his handling of the cost of living, according to a new Reuters\/Ipsos poll.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"US_Proposes_%22PACT%22_to_Rebuild_Middle_East_Energy\"><\/span>US Proposes &quot;PACT&quot; to Rebuild Middle East Energy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Trump administration has unveiled a proposal for a <strong>$5 billion<\/strong> fund, titled the <strong>Partnership for Allied Trust and Construction (PACT)<\/strong>, aimed at restoring energy sites in the Gulf. The U.S. is seeking an additional <strong>$5 billion<\/strong> from eight regional partners, including <strong>Saudi Arabia, the UAE, Qatar, and Kuwait<\/strong>, to reach a total investment of <strong>$10 billion<\/strong>.<\/p>\n<p>The initiative seeks to repair refineries and pipelines damaged during the recent <strong>seven-month conflict with Iran<\/strong>. Beyond immediate repairs, the fund is designed to reduce the region&#39;s strategic reliance on the <strong>Strait of Hormuz<\/strong> for oil and gas transport, which has been a primary point of global supply disruption.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Markets_Retreat_Amid_Diplomacy_and_Supply_Risks\"><\/span>Energy Markets Retreat Amid Diplomacy and Supply Risks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Brent Crude<\/strong> futures saw a sharp decline on Monday, falling <strong>$3.53 to settle at $100.34 per barrel<\/strong>. The sell-off comes as <strong>Qatar<\/strong> reportedly works to facilitate a new agreement between the U.S. and Iran, which could include a short-term deal to stabilize regional tensions.<\/p>\n<p>While the drop in crude prices may eventually lower diesel costs, retailers remain cautious. Many are currently <strong>limiting purchases<\/strong> due to low inventories and ongoing shortages of refined products and motor oil, suggesting that <em>volatility in the energy retail sector may persist despite falling raw material costs.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Russia_Reshapes_Agricultural_Trade_Policy\"><\/span>Russia Reshapes Agricultural Trade Policy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a significant move to support its domestic agricultural sector, the Russian government has set export duties on <strong>wheat, barley, and corn to zero<\/strong> effective through December 31, 2026. This policy shift is intended to ensure uninterrupted grain shipments and maximize Russia&#39;s export footprint in global markets.<\/p>\n<p>Additionally, Russia will cap export duties on <strong>sunflower oil at 7,748 rubles per ton<\/strong> and sunflower meal at <strong>312 rubles per ton<\/strong> through the end of the year. These measures reflect Moscow&#39;s strategy to <em>leaven economic pressure by incentivizing high-volume agricultural exports.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_and_Trade_Negotiations\"><\/span>Geopolitical Tensions and Trade Negotiations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Polish Army has launched <strong>preventive military aviation operations<\/strong> and placed air defense and radar forces on high alert following a Russian air attack on Ukraine. This escalation underscores the <em>fragile security environment in Eastern Europe<\/em> and its potential to disrupt regional trade corridors.<\/p>\n<p>In Western Europe, <strong>UK Prime Minister Andy Burnham<\/strong> is traveling to meet with <strong>EU Commission President Ursula von der Leyen<\/strong> on Tuesday. The high-stakes meeting aims to resolve a long-standing dispute over <strong>EU car rules<\/strong>, a critical issue for the British automotive manufacturing sector and its integrated supply chains with the continent.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_and_Domestic_Developments\"><\/span>Corporate and Domestic Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the technology sector, Amazon (<a href=\"\/stock\/AMZN\">AMZN<\/a>) announced that <strong>AWS<\/strong> has made <strong>xAI\u2019s Grok 4.6<\/strong> available on its <strong>Amazon Bedrock<\/strong> platform. This move strengthens Amazon&#39;s position in the enterprise AI space by expanding the variety of large language models available to its cloud customers.<\/p>\n<p>On the domestic front, President Trump faces mounting political pressure as his <strong>approval rating fell to 32%<\/strong> in the latest Reuters\/Ipsos poll. Notably, his support among Republicans dropped from <strong>82% to 73%<\/strong> in a single week, as voters express significant dissatisfaction with the current <strong>cost of living<\/strong> and economic trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Trump Administration proposes &quot;PACT,&quot; a $10 billion fund to rebuild Gulf energy infrastructure damaged during the seven-month Iran 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