A second drone was shot down while trying to approach the embassy district, Al Arabiya reports citing an official Saudi Defense spokesman
The shooting down of a second drone near the embassy district signals a potential escalation in tensions, which could have significant implications for regional stability and security.
Newsquawk Daily European Equity Opening News - 18th March 2026
Iran's Foreign Minister says the new protocol [in the Strait of Hormuz] to ensure safe passage would be under "specific conditions" and based on Iranian and regional interests
A second drone was shot down while trying to approach the embassy district, Al Arabiya reports citing an official Saudi Defense spokesman
Newsquawk Daily European Opening News - 18th March 2026
UAE Ministry of Defence says air defences are dealing with a missile threat
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This incident complicates the geopolitical landscape and may impact oil prices and safe-haven assets, as traders assess the durability of current conditions against the backdrop of heightened military activities.
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