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November 10, 2026

Daily Brief, November 10, 2026

Daily Brief, November 10, 2026

Top Story

France blames Iran's Revolutionary Guard for spoiling food at about 700 retail sites

Iranian military hackers took over refrigeration controllers at about 700 retail sites in France in October, spoiling food, ANSSI, France's cyber agency, says.

Source: NPR

Strait of Hormuz

Iraq says understandings with Washington would let its oil move through Hormuz

Foreign Minister Fuad Hussein told Al Jazeera the understandings would let Iraqi crude move through a shipping lane near Oman. He put Iraq's losses from the Iran war and export disruptions at $60 billion.

Source: Reuters

Saudi Arabia says the pipeline that bypasses Hormuz was targeted and reports no disruption

The East-West pipeline, which lets Saudi Arabia export crude through the Red Sea bypassing the Strait of Hormuz, was targeted in the Medina region and a limited fire followed, the Saudi energy ministry said.

Source: OilPrice

UN shipping agency counts at least 130 ship incidents and 25 seafarers reported killed

The International Maritime Organization has confirmed at least 130 incidents involving commercial vessels in the Middle East since the conflict began, with 25 seafarers now reported killed, the latest aboard the tanker Velos Sapphire.

Source: gCaptain

United States

Supply Chain Risk

ProPublica finds FDA exempted at least 150 drugs or ingredients from banned foreign factories

The 14-month investigation found the Food and Drug Administration let some drugmakers keep shipping to the US from factories it had banned. The reporting first ran in 2025, and a video explainer followed on November 9th.

Source: ProPublica

Asia to US West Coast container rates ran 343% above February in October

Weekly container capacity arriving at Jebel Ali, the United Arab Emirates port, fell from 423,000 twenty-foot equivalent units before the conflict to 9,000, and global on-time arrivals dropped to 27% in the third quarter, Xeneta says.

Source: FreightWaves

Whole data-center loan portfolios are reportedly being offered at steep discounts

Some investors cannot sell the loans fast enough. One person told Semafor loans backed by graphics processors are hit hardest, on worries the loans will outlast the technology's useful life.

Source: Semafor

A reported $11.4 million of Nvidia hardware disappeared between Oakland and Fort Worth

A truck collected six pallets in Oakland on August 29th for delivery to Fort Worth. Investigators lost track of the truck in San Bernardino County, The Mercury News reports. Police have not confirmed the value.

Source: FreightWaves

The US General Services Administration found foreign-made technology labeled 'Country of Origin: USA'

In an August 14th letter, GSA told the AbilityOne Commission, which runs a federal jobs program for people who are blind or have severe disabilities, to submit every item with the correct country of origin by November 12th.

Source: US General Services Administration

Regulatory Horizon

Two US cyber laws and a federal technology fund's authority expire on December 11th

Thirty-five industry groups asked negotiators on the defense bill to keep a provision extending the information-sharing law, the Cybersecurity Information Sharing Act of 2015, through 2035, Nextgov reports.

Source: Nextgov/FCW

US cyber agency updated incident form as its 72-hour rule awaits White House review

The Cybersecurity and Infrastructure Security Agency updated the form on November 9th to gather more detail about attacks. Under the pending rule, organizations would have to report substantial incidents within 72 hours.

Source: Nextgov/FCW

Around the World

Supply Chain Risk

China keeps four rare-earth export-control measures suspended until January 10th

The suspension runs from November 11th to January 10th and covers rare-earth equipment and raw materials, medium and heavy rare earths, overseas-related items and rare-earth-related technologies.

Source: Shanghai Metals Market

Russian oil company Rosneft caps gasoline sales at its stations again, regional ministry says

[RU · The Bell]

Rosneft is limiting gasoline sales to 30 liters in town and 50 on the highway in all regions, the economic development ministry of Russia's Zabaikalye region said. The head of Karelia, a Russian republic, confirmed the limits there.

Source: The Bell

Geopolitical Shocks

Four overseas yuan clearing banks made first pilot currency trades in China's interbank market

[ZH · Caixin]

Branches of Industrial and Commercial Bank of China in Singapore, Agricultural Bank of China in Dubai, Bank of China (Hong Kong) and Bank of China in New York recently completed first pilot foreign-exchange trades in China's interbank market, China's foreign-exchange trading center announced on November 9th, Caixin reports.

Source: Caixin

Also Today

Two Chinese heavy-lift ships that carried Russian gas modules now fly Russian flags

Source: gCaptain

Bangladesh's real-time settlement system was temporarily suspended after a core banking glitch

Source: The Business Standard

Trump nominated Palantir's security chief to run the US cyber agency

Source: Nextgov/FCW

An EU agency has sued IBM, Atos and Leonardo over delays to its border system

Source: Luxembourg Times

Singapore launched a service letting foreign central banks store gold in its national vault

Source: The Straits Times


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