Explosions heard in Abu Dhabi and Jebel Ali port in Dubai, Fars News reports

The reports of explosions in Abu Dhabi and Jebel Ali port could signal increased tensions in the region, potentially impacting oil prices and safe-haven assets like gold.

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Explosions heard in Abu Dhabi and Jebel Ali port in Dubai, Fars News reports

Security officials admit that the situation with Iran could deteriorate rapidly, even within a few hours, but the tense situation may persist for additional days and even beyond that, via Israel Hayom

US envoy to the Security Council, says they will submit, with regional countries, a draft resolution requesting Iran to stop planting mines in the Strait of Hormuz, Al Araby reports

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Market participants should be vigilant as this situation may escalate, influencing risk sentiment and regional stability. Stay alert for further developments, as the implications could affect broader market dynamics.

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