OPEC+ decided to delay a planned oil output increase by one month, causing major Gulf stock markets to mostly fall in early trade on Monday. Oil prices rose by 2% as a result, with Brent crude reaching over $74 per barrel and West Texas Intermediate trading near $71. This delay is attributed to weak demand, particularly from China, and increased supply from outside the group, such as from the Americas. Meanwhile, Ryanair reported an 18% drop in profits due to a decrease in fares, although market share improved with increased traffic. The geopolitical tensions in the Middle East, including Israel's conflict with Hamas and Hezbollah, have not directly impacted oil supplies. Analysts suggest that the outcome of the US presidential election is likely to significantly influence market dynamics moving forward.