Sources: advisers within Elon Musk's empire are pushing to announce a SpaceX-Tesla merger by H1 2027 so it can close while President Trump remains in power (Bloomberg)

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• Kuwait-flagged tanker carrying 21 Indian seafarers hit by projectile in Hormuz

  ### Briefing A Kuwait-flagged oil product tanker, carrying 21 Indian seafarers, was struck by an unidentified projectile while transiting the Strait of Hormuz on October 21. The authorities were monitoring the situation and in contact with the ship management company to ensure the safety of the crew. The United Kingdom Maritime Trade Operations (UKMTO) tracked the incident at a location 11 nautical miles west of Bukha, Oman.

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• Brent crude tops $110 as fresh attacks in Saudi raise concerns over oil supplies

  Following fresh attacks in Saudi Arabia, Brent crude prices surged above $110 per barrel, prompting US diplomats and their families to evacuate missions. Concerns over shipping safety and oil supplies intensified. US crude inventories declined by 3.06 million barrels, while distillate stocks rose by 1.68 million barrels. The Trump administration pledged to loan up to nearly a third of the US emergency heating oil reserve to stabilize prices. Meanwhile, Russian President Putin met with US Special Envoy Steve Witkof…

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• Making inclusive hiring work: What Singapore SMEs have learnt

  Singapore SMEs have successfully implemented inclusive hiring practices, leading to improved workplace inclusivity and employee satisfaction. This approach involves clear job descriptions, supportive job coaches, and collaborative efforts among employers, job coaches, and employees to ensure persons with disabilities can contribute effectively.

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