Drone targets Iranian Kurdish opposition camp in Iraq's Erbil, according to reports

The report of a drone targeting an Iranian Kurdish opposition camp in Iraq's Erbil indicates an escalation in regional tensions, potentially impacting geopolitical stability. This development could lead to heightened risk aversion in the markets, especially in oil and safe-haven assets, as investors react to any spillover effects on broader Middle Eastern dynamics. Watch for shifts in sentiment around commodities and regional equities as the situation evolves.