Islamic Resistance in Iraq says it conducted 23 operations in the past 24 hours in which dozens of drones were used against enemy bases in Iraq and the region
Context
The report of Islamic Resistance conducting 23 operations with drones in Iraq signals an escalation in regional tensions, particularly pertinent given the historical instability in this area. This could affect risk sentiment and lead to increased demand for safe-haven assets like gold and the US dollar, as investors react to the potential for further conflict. Keep an eye on energy markets as well, as disruptions in Iraq can impact oil supplies.
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