Morning update

Live Blog Update| War on Iran 6 October 2026 08:03 BST Good morning Middle East Eye readers, Here are the latest developments: The chief executive of Saudi Aramco warned that the world's oil stockpiles are now "scarily thin". Amin Nasser said the conflict reduced oil supply from the region by "nearly 3bn barrels", with over 1bn barrels of oil released from reserves to cushion the depletion. He estimated that "less than 6bn barrels of commercial inventories remain today, with the vast majority not practically available". A US Navy helicopter disappeared from publicly available flight-tracking data after it declared and emergency over the Red Sea near Saudi Arabia. The Sikorsky MH-60R Seahawk declared an emergency at approximately 9.20 pm GMT on Monday while flying near Yanbu, located on Saudi Arabia's western coast. Disruptions in the Strait of Hormuz could lead to a global food security crisis, the secretary general of the International Chamber of Commerce (ICC) John Denton warned. According to the Wall Street Journal, Denton indicated that if the vital waterway is not reopened, grain prices could rise by up to 80 percent. The situation in the strait has also caused a shortage of around 2.7 million tons of fertiliser on the world market, a decrease of nearly 40 percent. US president Donal Trump told rally goers in Grand Island, Nebraska, that high gas prices were a "small price to pay" for keeping the country and the world safe. "It’s a little bit high. It’s a small price to pay for keeping the world safe, keeping our country safe," he said during the event. The UK warned Israel that it will expel 27 Israeli diplomats from the Israeli embassy in London unless Tel Aviv's decision to close the British Consulate General in East Jerusalem is reversed, Ynet reported. Israeli Foreign Minister Gideon Saar announced the decision to close the consulate last month in retaliation against the British move to ban trade with Israeli settlements.