October 9, 2026: Trump-Putin Diesel Deal, Anthropic Cites New AI Misbehavior, More

0:01 News when you want it with Bloomberg News Now. I'm Ed Kalecki. President Trump is working with Vladimir Putin to release Russian diesel supplies into global markets, a move that upends years of sanctions as the White House seeks ways to tame soaring fuel prices ahead of the U.S. midterm election. Trump announced Friday a series of cargoes beginning this month, totaling about 13.5 million barrels initially. The Kremlin published a statement citing Putin, who said Russia was ready to supply oil and petroleum products to the U.S. and global markets.

0:36 The U.S. Treasury also issued a waiver for previously sanctioned Russian fuel. Chris Kennedy, lead for economic statecraft at Bloomberg Economics, joined Balance of Power Friday afternoon and talked about the deal. He talked about how much this translates in actual supply.

0:53 300,000 tons, it sounds like a lot. It's under 100,000 barrels per day. So to put that into context, the U.S. right now is consuming about 3.7 million barrels of diesel per day. And we're exporting more than a million barrels per day. So we're talking about something that's maybe 2% of daily U.S.

1:16 Demand.

1:17 So it's not a huge amount. Chris Kennedy, lead for economic statecraft at Bloomberg Economics. Anthropix said its clawed AI model carried out additional unintended actions on the digital systems of outside organizations, including some U.S. government agencies' websites, prompting a warning from the Trump administration that for artificial intelligence companies to secure their systems. In a report outlining previously undisclosed incidents, Anthropic listed four types of unintended behaviors that the AI has demonstrated, including exploiting basic flaws in software to run commands, submitting forms it should not have, and bypassing restrictions to access certain public data. The company said

2:01 that some of the cases involved websites run by government agencies at the federal, state, and local levels without specifying the agencies. Hurricane Isaisis crashed into the Gulf Coast on Friday as a dangerous Category 2 storm, lashing communities in Alabama and the Florida Panhandle with damaging winds, heavy rain, flooding, and life-threatening storm surge. The first hurricane of the Atlantic season made landfall near Destin, Florida. It had maximum sustained winds of 105 mph. The storm weakened to just below major hurricane status before it came ashore. Roads in Destin were flooded while in nearby Pensacola, police warned residents to stay off the streets because of debris across roadways. Some

2:44 Florida panhandle counties temporarily suspended emergency response Friday night due to dangerous conditions. Two powerful 7.7 and 6.6 magnitude earthquakes and a series of aftershocks roiled southern Panama Friday night. collapsing buildings near the epicenter and prompting evacuations across the country.

3:04 The earlier quake, felt as far away as neighboring Colombia, was centered at about six miles in the central province of Herrera. The USGS initially reported the first quake as magnitude 8, then revised it to 7.6 and later to 7.7. A judge blocked a key component of the Justice Department's effort under the Trump administration, to obtain state voter records as part of a nationwide probe into alleged election fraud by non-U.S. citizens. In a 78-page opinion on Friday, a federal district judge in Washington delivered a strong rebuke of the department's civil rights division, which has led the push. U.S.

3:41 District Judge Sparko Sukhonen wrote that officials cannot evade federal privacy laws by attempting a dragnet investigation of the entire country. The judge added DOJ cannot run roughshod over longstanding laws that were carefully crafted to protect the rights of the American people. An up week for the U.S. equity market.

4:01 That story from Bloomberg's Charlie Pellett.

4:03 For the week, the S & P 500 index was up by 1.1 percent. Stocks got a lift Friday amid earnings optimism despite lingering concerns about elevated energy prices and bond yields. U.S. oil eased as President Trump said Russian leader Vladimir Putin has agreed to release diesel supplies into the global market. Most firms in the S & P 500 rose, though chipmakers fell again. For the week, the Dow was up 0.9 percent, while NASDAQ this week was up 0.6 percent for a fourth straight week of gains.

4:37 In New York, Charlie Pellett, Bloomberg Radio.

4:39 President Trump is set to direct the federal government to seek ways to overcome state obstacles to energy products. following efforts threatening the development of a planned coal export terminal in California and a gas pipeline in New York. Under the memo, Trump is set to direct the Interior Department, Energy Department, Environmental Protection Agency and other agencies to address the state barriers to key energy infrastructure. The move is in keeping with Trump's second-term energy dominance agenda and the president's efforts to accelerate the construction of pipelines and power plants.

5:12 The Friday numbers on Wall Street, the Dow added $ 4.

5:14 23.

5:14 NASDAQ was up $ 1.

5:15 72.

5:15 The S & P 500 gained $ 46. The 10-year Treasury yield at 5.23%. The two-year at 4.78%. Checking oil, West Texas Intermediate at $ 91.

5:18 66.

5:18 Brent Crude at $ 104.

5:19 43.

5:20 That's news when you want it with Bloomberg News Now. I'm Ed Kalecki. This is Bloomberg.