IRGC say they targeted the American army bases "Ahmed Al-Jaber" (Kuwait), "Ali Al-Salem" (Kuwait), and "Al-Kharj" (Saudi Arabia), Al Mayadeen reports
Context
The IRGC's announcement of targeting U.S. military bases in Kuwait and Saudi Arabia raises tensions in the region, potentially impacting oil supply security. This could lead to a risk-off sentiment in markets, with investors seeking safe-haven assets such as gold or certain currencies. Keep an eye on crude prices, as heightened geopolitical risks often drive WTI fluctuations.
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