According to Iranian media Fars News, the largest oil supply gap in history has emerged due to the blockade of the Strait of Hormuz, and US fuel prices are hitting new highs. US polls also indicate that the Republican Party may suffer defeat in the midterm elections. Against this backdrop, Trump's move to launch an oil project with Venezuela is intended to control market sentiment in the energy sector. He claims that the historic agreement with Venezuela will more than double US oil reserves and bring long-term and significant reductions in fuel prices for all Americans. However, the US-Venezuela oil contract will only generate 63 billion barrels of heavy crude oil over 100 years; this figure, converted to daily production, is less than half of Iran's current daily production and only 8% of crude oil exports under normal conditions of the Strait of Hormuz.

The U.S. National Hurricane Center: Karina is expected to become a hurricane later tonight.

Market news: It is reported that the Ukrainian army launched an attack on a large oil refinery and air force base in Russia.

U.S. National Hurricane Center: Lowell has strengthened slightly.

According to the Wall Street Journal, the United States will acquire a 35% stake in Venezuelan tycoon Betancott's oil project.

NASA: NASA and SpaceX have adjusted the launch date for Crew-13.