Explosions and plumes of smoke rising at the American Victory Base in Iraq's capital of Baghdad

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Explosions and plumes of smoke rising at the American Victory Base in Iraq's capital of Baghdad

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Context

The reported explosions and smoke at the American Victory Base in Baghdad mark a significant escalation in regional tensions. Investors should consider the implications for U.S. military presence and potential disruptions to oil supply routes, likely impacting energy prices and safe-haven assets like gold.

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