Explosions heard in Kuwait, according to Fars News Agency

The reports of explosions in Kuwait signal potential instability in a key region, which could heighten geopolitical tensions.

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US, Iran and a group of regional mediators are discussing the terms for a potential 45-day ceasefire that could lead to a permanent end to the war, according to four US, Israeli and regional sources with knowledge of the talks, cited by Axios

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Explosions heard in Kuwait, according to Fars News Agency

Iran announces explosions in Tehran and Qom, while air defences were activated in various areas of the capital

Iran is firing a third wave of missiles towards Israel in 20 minutes, according to Radio News Agency

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Context

This situation is particularly relevant for oil markets, as any escalation could disrupt supply lines and support higher prices. Traders should watch for further developments and consider positions in oil and safe-haven assets accordingly.

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