Israel's IDF says it has identified the launch of missiles towards Israel from Iran

The identification of missile launches from Iran towards Israel marks a significant escalation in tensions, which could lead to increased volatility in oil prices and safe-haven assets like gold and the USD.

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This development may trigger a flight to safety among investors, impacting the energy markets and geopolitical risk premium in the region. Watch for reactions in commodities and currency pairs, particularly those linked to the USD and oil.

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