Iraqi military denies reports of 'unauthorised' foreign bases in the country after media reports of clandestine Israeli base on Iraqi soil, according to Al Jazeera
Newsquawk Staff ·
Iraqi military denies reports of 'unauthorised' foreign bases in the country after media reports of clandestine Israeli base on Iraqi soil, according to Al Jazeera.
What it means
The Iraqi military's denial of reports regarding unauthorized foreign bases, including a purported Israeli base, highlights ongoing tensions in the region. This situation could impact investor sentiment in commodities like oil and gold, as geopolitical risks often drive prices higher. Watch for potential volatility in the USD and JPY as market participants reassess risk perceptions associated with Middle Eastern stability.
Sources
- PRE-MARKET CHINESE STOCKS NEWS: Earnings from China Telecom and Chow Tai fook
- Newsquawk Daily Asia-Pac Opening News - 23rd October 2026
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- Ukraine President Zelensky says Ukraine is ready for peace talks at G20, but so far no such invitation
- An Israeli military official told Channel 12 that here is no reason to launch an attack on Iran before the elections; If we detect preparations in Iran for an attack, we will act
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