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Indications suggest that drones which targeted British bases in Cyprus were fired by Hezbollah in Lebanon, according to source reports

Newsquawk Staff ·

Indications suggest that drones which targeted British bases in Cyprus were fired by Hezbollah in Lebanon, according to source reports.

What it means

The reported involvement of Hezbollah in drone attacks on British bases in Cyprus marks a significant escalation in regional tensions, potentially heightening geopolitical risks in the Eastern Mediterranean. This development could lead to increased scrutiny and volatility in oil markets and bolster demand for safe haven assets such as gold and the US dollar, as investors seek to hedge against the uncertainty.

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