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Norwegian gas transportation operator Gassco has revised its estimate of the planned gas outage from September 25 to 28 to 5.5 million cubic meters from 4.7 million cubic meters.

Iran's disruption of the Strait of Hormuz has created political problems for President Trump and his Republican Party ahead of the November midterm congressional elections. Paul Musgrave, an associate professor of government at Georgetown University in Qatar, said the election results will show how much room the White House has for maneuver in negotiations with Iran. A significant setback, including losing several Senate seats, could push the White House to take more unilateral action, perhaps including resuming the war. This could lead to "escalation first, then negotiations, so the U.S. doesn't look like it's surrendering, or that the U.S. is dragging Democrats into a peace process and getting everyone's hands stained." Musgrave said that Trump made it clear in his UN General Assembly speech that he doesn't expect a deal before the midterm elections, and Iranian civilian diplomats are choosing this time to "propose something the U.S. can't accept," referring to Iran's seven-day plan to end the war.

According to Interfax news agency, the Kremlin stated that Russian President Vladimir Putin discussed Ukraine and energy cooperation with Serbian President Aleksandar Vučić during a phone call.

Swiss National Bank President: The current decline in the Swiss franc is a minor counter-trend to the long-term strengthening of the currency.

Swiss National Bank President: Food prices are rising, but the increase in inflation is almost entirely due to gasoline prices.

Swiss National Bank President: Interest rates can remain unchanged because inflation is in line with the target.