"Commander of Iran's Naval Forces: Armed Forces Fully Prepared to Protect the Country", Sky News Arabia reports
The statement from Iran's Naval Forces commander signals a strong military readiness, which could heighten tensions in the region.
Saudi Arabia's NEOM has brought in a new tier of management to improve oversight of the project, Semafor reprots
Ukraine's military says it struck a Russian oil refinery in Krasnodar region
"Commander of Iran's Naval Forces: Armed Forces Fully Prepared to Protect the Country", Sky News Arabia reports
Gulf Cooperation Council nations have issued c. USD 32.3bln of international bonds YTD, +25% Y/Y, Bloomberg reports
[MARKET ANALYSIS] JPY surges on double intervention risks, in turn weighing on USD, whilst AUD is underpinned by gold
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Given the implications for energy markets, particularly WTI crude, traders should be alert to possible supply disruptions or escalated geopolitical risk that could influence oil prices.
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