Israel is expected to gradually re-open its airspace, starting the evening of March 2nd

The reopening of Israel's airspace may signal a de-escalation in regional tensions, which could stabilize markets and reduce risk aversion. This is particularly relevant for energy prices and safe-haven assets like gold and the USD, as it could lead to increased economic activity and lower premiums on risk. Watch for currency reactions and shifts in commodity prices as this development unfolds.