Explosion at the Ramat David base in the east of Haifa, via IRIB

An explosion at the Ramat David military base in Israel could escalate tensions in the region, impacting both local security and broader geopolitical dynamics.

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"Reports of shrapnel and explosive warheads falling in Haifa Bay", Israel, via Al Jazeera

Polish Army says that military jets scrambles due to Russian strikes on Ukraine

Explosion at the Ramat David base in the east of Haifa, via IRIB

Kuwait says power and water plant was hit in a Iranian attack, causing damage

Iran warns it will carry out extensive retaliatory strikes against US, Israeli, and allied energy infrastructure, economic centres, and regional assets if American threats to target its bridges, power plants, and energy facilities are executed, IRIB News

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Traders should watch how this might affect assets like oil, gold, and regional currencies as the situation develops, particularly given the ongoing complexities in Middle East relations.

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