[CALENDAR ADDITION] An important statement by the Yemeni Armed Forces at 9:30 am local (07:30 BST), Al Mayadeen reports

The statement from the Yemeni Armed Forces could indicate a significant development in the region, potentially impacting local stability and international relations.

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[MARKET UPDATE] Energy continues to retreat given overnight updates around the Iran war "coming to an end", WTI marginally below USD 100/bbl, lifting fixed income and equity futures further. To the detriment of the USD and benefit of G10 peers.

Arab sources reported the sound of explosions in Saudi Arabia this morning; US interests in Saudi Arabia have been targeted, Fars News reports

[CALENDAR ADDITION] An important statement by the Yemeni Armed Forces at 9:30 am local (07:30 BST), Al Mayadeen reports

Reports of explosions in Saudi Arabia; reporting in proximity to Saudi announcing the interception of two drones in the last few hours

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Traders should monitor how this may affect oil prices and broader risk sentiment, particularly if it leads to escalations or shifts in geopolitical dynamics.

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