Evidence of UAE airstrikes on at least two locations in Iran after temporary ceasefire, Fars News reports; After the temporary agreement between Iran and US, several attacks have been reported in different parts of Iran
Nima Akbarkhani, an expert in the military field, says that 90% of the attack on the Lavan Refinery was carried out by Emirati fighters.
Context
The reports of UAE airstrikes on Iranian targets following a temporary ceasefire highlight escalating tensions in the region, which could lead to volatility in oil prices and safe-haven assets like gold. This situation has the potential to impact forex markets significantly, particularly for the USD, JPY, and GBP, as geopolitical risks often drive investor sentiment towards safer currencies. Traders should monitor how this unfolds, as sustained conflicts can disrupt supply chains and elevate commodity prices further.
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