Iranian President Raisi congratulated Hamas on its "victory".

The Turkish lira briefly fell 1% against the dollar.

Indian Oil Minister: Oil price of US$100/barrel is unsustainable.

Indian Oil Minister: Uncertainty will drive the use of sustainable fuels.

Indian Oil Minister: The location of local conflicts is the center of global energy.

Indian Petroleum Minister: India will handle the relevant situation with a mature attitude.

Indian Oil Minister: India is paying close attention to the Israeli-Palestinian conflict.

US Geological Survey: A magnitude 5.3 earthquake occurred 71 kilometers north of Otrada, Russia.

Indonesian officials: Biodiesel consumption is expected to reach approximately 11.5 million kiloliters by 2023; biodiesel consumption from January to September 2021 is approximately 8.5 million kiloliters.

Indian Oil Minister: High oil prices will lead to reduced demand.

Hungarian Foreign Minister: Hungary has evacuated 215 people from Israel by air.

Goldman Sachs: Saudi crude oil production is expected to remain at 9 million barrels per day in the first quarter of 2024, and then grow at a rate of 250,000 barrels per day per quarter for the rest of 2024.

Goldman Sachs: Risks to Iranian production forecasts are now tilted to the downside as regional tensions may escalate again.

Goldman Sachs: This weekend’s developments reduce the possibility that Saudi Arabia’s production reduction policy will be lifted early.

Goldman Sachs: The escalating conflict in the Gaza Strip reduces the likelihood of normalization of Saudi-Israeli relations in the near future.

Goldman Sachs: Continues to forecast Brent crude oil prices to reach $100 per barrel by June 2024.

Goldman Sachs: Israeli attacks are unlikely to have any significant impact on the near-term supply and demand balance and near-term oil inventories.

The Bank of Israel: Will continue to monitor all developments in the market and take action as necessary using available tools.