CareEdge Ratings reported that the US midterm election outcome is likely to provide only marginal near-term relief to India, with crude oil prices and tariff risks linked to Russian oil purchases remaining key challenges. The report stated that Democratic control of both chambers of the US Congress could strengthen the case for diplomatic engagement over the Iran conflict and provide some support to the rupee and foreign portfolio investor inflows.

Kirill Logvinov, Director of the International Organizations Department at the Russian Foreign Ministry, stated that BRICS member countries reject all forms and manifestations of hegemony, neocolonialism, and a "rules-based order." He described the bloc as the true voice for the global majority.

Axios reported on Wednesday, citing officials, that the U.S. military is wrapping up preparations for a potential return to major combat operations in Iran. The report stated that these preparations include deploying additional military assets to the region.

Marat Berdyev, a Russian Foreign Ministry Ambassador at Large, stated that a potential Russia-US-China summit would serve as a positive impetus. He opined that a meeting of this scale would focus on the most pressing international challenges.