Agence Ecofin reports that Benin has lifted the last barrels of its current extraction phase and is now preparing the crude for commercialization, 28 years after its previous output. Drilling began in 2025 and the restart has been postponed several times. Volumes, buyers and the loading window for a first cargo have not been disclosed.
Peru will open another 1,766 product lines to Thai goods under the completed expansion of the bilateral free trade agreement. Thailand will liberalize 3,204 lines for Peru, while Thai investors will be allowed full ownership in almost all Peruvian service sectors.
Brent rose 2.66% to about $107.10 a barrel as stalled Iran-US diplomacy renewed concern about oil flows through the Strait of Hormuz. The report provided no estimate of disrupted volumes or timetable for reopening, leaving traders to price political uncertainty rather than confirmed supply losses.
Peru’s energy drink imports fell 23.9% by volume in January-August 2026, while alcohol-free beer imports dropped 37.9%. The declines followed strong growth in 2025, but changing suppliers, local production and continued retail demand complicate the outlook.
Austria will raise the impact of the 2026 drought at the EU Agriculture Council after estimated agricultural damage reached about €1 billion. Grassland losses of up to 50% and limited insurance coverage are increasing pressure on livestock farms.
Saravan has harvested nearly 27,000 tonnes of dates and expects output to reach about 28,000 tonnes when late varieties are collected. Production is up around 15%, while exports have begun through the county’s border and the Kuhak border market.
Azerbaijan expanded cotton planting from 18,700 hectares in 2015 to 132,500 hectares in 2018, before stabilizing the area at 100,000-104,000 hectares. The latest reported harvest reached 362,900 tonnes from 100,400 hectares as average yield rose to 36.1 centners per hectare.
Mercado Livre has begun selling prescription medicines in São Paulo, with deliveries promised within 60 minutes through its new Envios Agora service. The move puts the platform in direct competition with Brazil’s leading pharmacy chains and initially involves three pharmacy partners, with a target of 20 agreements this year.
A specialty dairy processing project in Horinger, Inner Mongolia, plans to invest RMB 100 million and target premium retail channels. Annual output value is projected at RMB 1 billion, including an estimated RMB 300 million from exports.
Jordan has advanced its plan to replace imported long-life milk gradually with domestic production. The government has capped 2026 imports at 22,000 tonnes and is requiring three participating processors to use locally produced raw milk.
Vietnam is accelerating investment in domestic pharmaceuticals and medicinal materials as it seeks to reduce dependence on external supply. Local drugs currently represent about 60% of medicines used and 46% of consumption value, below the 2030 targets of 80% and 70%, respectively.
Romania reversed its usual gas flow with Hungary, importing 0.6 million cubic metres through Szeged/Arad after supplies for its domestic market via Bulgaria were temporarily halted. Storage injections slowed, but Romanian facilities remained 80% full five weeks before the official winter season.
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