A senior UAE official informed Israel that they do not intend to remain silent about the attacks. "The Iranian regime has begun attacking us - we will strike back", N12 reports
Context
This statement reflects an escalation in tensions regarding attacks attributed to Iran, with the UAE emphasizing a commitment to retaliate. Such geopolitical developments typically heighten risk aversion and could lead to a stronger bid for safe-haven assets like gold and the USD, while also impacting energy markets given the region's significance as a supplier. Traders should be alert for potential volatility across these assets as the situation unfolds.
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