Explosions reported at US-linked facilities in Abu Dhabi, according to Fars News Agency
The explosions at US-linked facilities in Abu Dhabi could signal an escalation in regional tensions, likely raising concerns over the stability of oil supplies and impacting risk sentiment.
Russia says it downed 148 Ukrainian drones in three hours, according to Reuters
Bahrain calls on the UN to pass a resolution to reopen the Strait of Hormuz by force
Explosions reported at US-linked facilities in Abu Dhabi, according to Fars News Agency
US President Trump said in brief phone interview with The Hill that he is not ruling out ground troops in Iran if Tehran does not make a deal and said “If they were smart they would make a deal”
[MARKET UPDATE] US index futures are pressured (Emini S&P -0.6%, Emini Nasdaq 100 -0.8%), while oil futures climb (WTI +1.4%) after Trump's threats to attack Iran's power plants and bridges if they don't open up the Strait of Hormuz by Tuesday evening
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Traders should monitor asset classes such as oil, gold, and safe-haven currencies, as these are the most responsive to geopolitical shocks.
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