IBOV 206,505.98 ▼ 0.18% IPSA 10,966.21 ▼ 0.49% IPC MEX 66,790.35 ▼ 0.26% MERVAL 2,835,843 — 0.00% COLCAP 2,582.29 ▲ 0.46% BVL PERÚ 60,511.74 ▼ 1.60% USD/BRL5.03▲ 0.12% USD/MXN18.48▼ 0.07% USD/CLP984.93▲ 0.25% USD/COP3,192▲ 0.11% USD/PEN3.44▲ 0.21% USD/ARS1,513▼ 0.02% USD/UYU40.20▲ 3.25% USD/PYG5,684▲ 2.81% USD/BOB11.65▲ 2.18% USD/DOP61.11▼ 0.03% USD/CRC449.35▲ 1.91% USD/GTQ7.64▲ 3.11% USD/HNL26.86▲ 0.35% USD/NIO36.62▼ 0.07% USD/VES876.92▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.77▲ 2.81% EUR/BRL5.64▲ 0.23% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 206,505.98 ▼ 0.18% IPSA 10,966.21 ▼ 0.49% IPC MEX 66,790.35 ▼ 0.26% MERVAL 2,835,843 — 0.00% COLCAP 2,582.29 ▲ 0.46% BVL PERÚ 60,511.74 ▼ 1.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Thursday, October 15, 2026

Horn of Africa and the Red Sea: News, Explainers and Odds

The Horn of Africa sits on the Bab el-Mandeb strait, the southern gateway of the Red Sea and the Suez route between Asia and Europe. In 2026 several conflicts overlap there at once, from the Ethiopia–Eritrea standoff and Tigray to Sudan's war and Houthi attacks on shipping.

This page gathers our reporting, explainers and the latest prediction-market odds on the region in one place. It updates automatically whenever we publish a new story.

Start Here

The Flashpoints

What the Markets Say

Eritrea invades Ethiopia

17% by October 31

21% by December 31

Traded: US$96,819

Ethiopia targets Eritrea (thin market)

24% by October 31

59% by December 31

Traded: US$471

US recognises Somaliland before 2027

4.9% yes

Traded: US$182,363

Perim Island no longer under Houthi control

2.9% by October 15

17% by October 31

Traded: US$342,326

Somali pirates seize a vessel

26% by October 31

55% by November 30

Traded: US$11,834

No ship transits Bab el-Mandeb on any day

13% by December 31

Traded: US$14,767

Saudi–Houthi ceasefire announced

6.5% by October 31

32% by December 31

Traded: US$206,327

Sudan civil war ceasefire

12% by December 31, 2026

Traded: US$119,576

Source: Polymarket, prices as of 15 October, 09:37 Lisbon. Market prices are bets, not forecasts by The Rio Times.

Latest From the Horn