Air raid sirens sound across Kuwait amid reports of powerful explosions, according to Al Jazeera
Newsquawk Staff ·
Air raid sirens sound across Kuwait amid reports of powerful explosions, according to Al Jazeera.
What it means
The sounding of air raid sirens and reports of powerful explosions across Kuwait heighten regional tensions, likely influencing investor sentiment towards safer assets like gold and the USD. This escalation could prompt responses from neighboring countries and may signal a broader instability in the region, impacting oil prices given Kuwait's status as a key oil producer.
Sources
- Iran's Foreign Minister held a call with Jordanian counterpart and they discussed efforts to end the escalation in the region and reach a sustainable ceasefire agreement between the US and Iran
- Iranian source denies report of a Trump-backed plan being delivered via Pakistan's army chief, says this is completely false and no new proposal was presented to Iran
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
- Jordanian and Syrian foreign ministers agree to form a joint security committee to investigate details of recent Jordanian strikes on Islamic State sites in Syria
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
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