Iraqi media reports airstrike targeting armed factions in Al Qaim in Iraq, according to Sky News Arabia
The reported airstrike in Al Qaim targeting armed factions suggests an escalation in regional tensions, which could have implications for oil prices and risk sentiment among investors.
Explosions reported in multiple areas of Tehran, while IDF says a rocket was fired from Iran towards the State of Israel and air defense systems are currently working to intercept the threat from Iran
Intensive flights of Israeli warplanes reported south of Syria's capital Damascus, according to Sky News Arabia
Iraqi media reports airstrike targeting armed factions in Al Qaim in Iraq, according to Sky News Arabia
PRE-MARKET AUSTRALIAN STOCKS NEWS: GQG Partners (GQG AT) reported total funds under management rose to USD 172.9bln at end-February from USD 165.7bln in the previous month
Russian consulate in Iran's Isfahan was damaged amid the conflict
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Given Iraq's strategic importance in the energy supply chain, any destabilization could provoke fluctuations in commodity markets, particularly oil. Traders should monitor related assets closely, as they may respond to geopolitical developments.
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