Australian PM Albanese says an Iranian projectile hit near an Australian airbase in the UAE, although no personnel were injured
Context
The statement from PM Albanese highlights a potential escalation in tensions involving Iran, which could raise geopolitical risk perceptions in the region. While no personnel were injured, this incident near an Australian airbase reinforces security concerns, potentially impacting defense-related assets and increasing demand for safe-haven currencies like the USD and JPY.
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