Iranian media reported overnight that air defence systems in the southwest of the country shot down an enemy reconnaissance drone, Israeli N12 reports

The reports of Iranian air defense systems downing an Israeli reconnaissance drone represent a potential escalation in regional tensions, which could impact global markets, particularly the energy sector. Heightened geopolitical risks often lead to a flight towards safe-haven assets like gold and could influence oil prices due to concerns over supply disruptions. Traders should monitor how this development affects sentiment and positioning in related currencies and commodities.