diff --git a/CHANGELOG.md b/CHANGELOG.md
index a9f2073c47e1a..b59ddb5227f9e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -57,6 +57,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 - Fix concurrent search NPE when track_total_hits, terminate_after and size=0 are used ([#10082](https://github.com/opensearch-project/OpenSearch/pull/10082))
 - Fix remove ingest processor handing ignore_missing parameter not correctly ([10089](https://github.com/opensearch-project/OpenSearch/pull/10089))
 - Fix registration and initialization of multiple extensions ([10256](https://github.com/opensearch-project/OpenSearch/pull/10256))
+- Fix circular dependency in Settings initialization ([10194](https://github.com/opensearch-project/OpenSearch/pull/10194))
 
 ### Security
 
diff --git a/server/src/main/java/org/opensearch/common/settings/Settings.java b/server/src/main/java/org/opensearch/common/settings/Settings.java
index 4df257612b91a..d3b12a3cb5f88 100644
--- a/server/src/main/java/org/opensearch/common/settings/Settings.java
+++ b/server/src/main/java/org/opensearch/common/settings/Settings.java
@@ -101,7 +101,7 @@
 @PublicApi(since = "1.0.0")
 public final class Settings implements ToXContentFragment {
 
-    public static final Settings EMPTY = new Builder().build();
+    public static final Settings EMPTY = new Settings(Collections.emptyMap(), null);
 
     /** The raw settings from the full key to raw string value. */
     private final Map<String, Object> settings;
@@ -757,7 +757,7 @@ public Set<String> keySet() {
     @PublicApi(since = "1.0.0")
     public static class Builder {
 
-        public static final Settings EMPTY_SETTINGS = new Builder().build();
+        public static final Settings EMPTY_SETTINGS = Settings.EMPTY;
 
         // we use a sorted map for consistent serialization when using getAsMap()
         private final Map<String, Object> map = new TreeMap<>();