A drone crashed into an oil storage facility in a Latvian town close to the Russian border, according to LSM
A drone crash in a Latvian town near the Russian border raises concerns about regional security, which could lead to volatility in energy markets and safe-haven assets like gold.
Israeli air strikes targets a town in South Lebanon
US President Trump's reversal on his plan to help ships go through the Strait of Hormuz came after Saudi Arabia suspended the US's ability to use its bases and airspace to carry out Project Freedom, NBC reports citing US officials
A drone crashed into an oil storage facility in a Latvian town close to the Russian border, according to LSM
LME's CEO says it is ready to expand its suite of approved warehouses in Hong Kong
Iran denies its armed forces struck a South Korean ship in the Strait of Hormuz, AFP reports
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Given the geopolitical context, this incident may prompt market participants to re-evaluate risk appetite, particularly with respect to the euro and currencies tied to regional stability. Keep an eye on oil prices, as any escalation could influence supply and demand dynamics significantly.
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