A surveillance drone near the US embassy in Baghdad has been shot down, according to Iraqi security sources
Context
The downing of a surveillance drone near the US embassy in Baghdad escalates tensions in the region and may raise concerns about security for diplomatic missions. Investors should consider potential impacts on oil prices, USD stability, and safe-haven assets such as gold and treasuries, as this incident could signify increasing geopolitical risks. Watch for further developments, as heightened conflict could affect global markets.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#GEOPOLITICAL#ASIAN SESSION