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• U.S. Plans to Seize Russian Oligarch’s $300M Super Yacht
  The Department of Justice filed a lawsuit Monday to seize a $300 million superyacht belonging to a...
  The Department of Justice filed a lawsuit Monday to seize a $300 million superyacht belonging to a sanctioned oligarch known as the “Russian Gatsby.” U.S. Attorney Damian Williams said the ship, named Amadea, was owned by energy mogul Suleiman Kerimov and “was improved and maintained in violation of applicable sanctions.” Reuters reported that the DOJ is likely to auction the ship and give its proceeds to Ukraine. Kerimov was sanctioned by the U.S. Treasury Department in 2018 for alleged money laundering. His yacht was taken in Fiji last year as part of the DOJ’s pursuit of sanctioned Russian billionaires following the 2022 invasion of Ukraine.
  

  
  

  Photos of the Amadea from today's civil forfeiture complaint https://t.co/QXMl6iytZM pic.twitter.com/If0lLL7Kug

  
  — US Attorney SDNY (@SDNYnews) October 23, 2023

  
  
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for December delivery...
  Benchmark U.S. crude oil for December delivery fell $2.59 to $85.49 a barrel Monday. Brent crude for December delivery fell $2.33 to $89.83 a barrel.
  
  Wholesale gasoline for November delivery fell 5 cents to $2.33 a gallon. November heating oil fell 6 cents to $3.10 a gallon. November natural gas rose 3 cents to $2.93 per 1,000 cubic feet.
  
  
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• Dow Jones closes 190 points lower, S&P 500 books longest losing streak of 2023
  U.S. stocks closed mostly lower on Monday in a choppy session...
  U.S. stocks closed mostly lower on Monday in a choppy session that saw the 10-year Treasury yield briefly top 5% for the first time since in 16 years.
  
  The S&P 500 Index SPX ended about 7 points lower, or 0.2%, near 4,216, after flipping between modest gains and losses. That was the equity-market gauge’s fifth straight session of losses, its longest stretch of declines since Dec. 7, 2022, according to Dow Jones Market Data. The Dow Jones Industrial Average DJIA shed about 191 points, or 0.6%, finishing near 32,936, while the Nasdaq Composite Index COMP rose 0.3%, after earlier trading below 12,922.216, the closing level needed to solidify a finish in correction territory. A correction is widely viewed as being set when an equity index closes at least 10% below its prior peak. The 10-year Treasury yield fell 8.8 basis points to 4.836%, after briefly punching above 5% earlier in the session.
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• Israel-Hamas War: Two Additional Hostages Released From Gaza
  Hamas released two additional hostages on Monday, according to the group and the International Committee...
  Hamas released two additional hostages on Monday, according to the group and the International Committee of the Red Cross. Their release, which Hamas said was for “humanitarian and health reasons,” came three days after the group set free an Israeli-American mother and daughter. More than 200 others are believed to still be held.
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• Wyo. invests $2.5M to harness Mowry Shale's riches
  Funded by $2.5 million from the Wyoming Legislature, the...
  Funded by $2.5 million from the Wyoming Legislature, the University of Wyoming School of Energy Resources is embarking on a series of feasibility studies to unlock the Mowry Shale's estimated 200 million barrels of untapped oil reserves. As part of the effort, researchers across various disciplines will collaborate with oil companies to address technical challenges stemming from the presence of highly absorbent bentonite clay in the formation.
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