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Iran is reportedly increasing the use of drones instead of missiles in attacks on Gulf states, according to source reports

The reported increase in Iran's use of drones over missiles for attacks on Gulf states signals a potential escalation in regional tensions, which could destabilize oil supplies and impact prices.

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The US has intelligence suggesting that China may be preparing to provide Iran with financial assistance, spare parts and missile components, three people familiar with the matter said, though Beijing has stayed out of the war up until now, via CNN

Iran is reportedly increasing the use of drones instead of missiles in attacks on Gulf states, according to source reports

Qatar News Agency, Citing Minister of State for Energy Affairs, says the ongoing war will force Gulf states to halt energy production and exports within days.

Newsquawk Daily Economic Releases - 9th March 2026

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Context

This shift in tactics may point to a broader strategy aimed at exerting influence while minimizing the risk of direct confrontation. Traders should monitor energy markets closely as such developments can lead to volatility in WTI and broader commodity exposures.

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