Taiwan's Ministry of National Defence reported detecting five Chinese military aircraft, six naval vessels, and nine official ships operating around the island until 6 a.m. local time on Monday, stating that three of the aircraft crossed the Taiwan Strait median line and entered the ADIZ.

The ministry indicated that its forces monitored and responded to the activity, which follows a similar report on Sunday involving two aircraft and five naval vessels.

Iran seized control of the strait after a war broke out against the US and Israel in late February, choking off the vital shipping route which normally carries about a fifth of the world’s oil. The Islamic republic has demanded that all ships seek its authorisation before transiting.

“An oil tanker, which was in violation, struck a naval mine south of the Strait of Hormuz, resulting in an explosion and a fire in its engine room,” Iranian state media quoted the Guards as saying. The tanker was travelling in the strait’s “unauthorised southern route” and had disabled its positioning and navigation systems, the statement said.

It came a day after the Guards said two oil tankers caught fire in the strait, both after hitting mines. The Guards’ naval commander Admiral Ali Ozmaei warned this week that any vessel that deactivated its navigation systems would be considered “hostile”.

The US has imposed a naval counter-blockade on Iranian oil exports in response to Tehran’s blockade on the waterway.

The Wall Street Journal reported that Vladimir Putin proposed a trilateral summit with Donald Trump and Xi Jinping to discuss the Ukraine conflict, a claim Kremlin spokesman Dmitry Peskov confirmed by stating that discussions are ongoing regarding a potential meeting.

According to the report, the proposal was raised during an October 9 phone call between Putin and Trump, though officials noted there is no clear understanding yet regarding the specific agenda or logistics of such an event.

The provided text is a market commentary by Peter Tchir discussing recent financial volatility, attributing price action to bond supply, stop-loss orders, and liquidity concerns rather than political news. While the author notes that domestic political developments, including a signed sanctions act, may have had a secondary impact, the excerpt is incomplete and does not contain specific, verifiable factual events suitable for a conflict news summary.